Format allows a clear and direct

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Reading of the financial situation of the company at any given moment. Assets Assets are the property and rights of the business. They are divided into three categories which describe the nature and liquidity of these elements: Fixed assets: includes longterm assets intangible, tangible and financial assets. These may include patents, trademarks, buildings, , stock investments, etc. Current assets: items that can be converted into cash within one year, such as merchandise inventories, accounts receivable, bank cash, and other similar items. Adjustment accounts: specific to companies dealing


internationally, they bring together expenses to be spread over several accounting years and currency conversion differences, generated by variations in exchange rates. Liabilities Liabilities represent the Cambodia Phone Number List company's obligations and debts to third parties , items with a negative accounting value: Shareholders' equity: reflects the share of the company's ownership that belongs to shareholders, including share capital, reserves retained profits and net profit for the





year. External liabilities: it includes provisions for risks, for charges, short and longterm debts as well as obligations towards third parties capital suppliers, creditors, tax bodies, social security, staff, etc.. Practical tips for easily writing your financial statement The design of a solid financial statement is based on the collection of reliable data bank statements, receipts, disbursements, invoices, etc.. These are available from the company's various accounting and financial sources. The information collected must also be accurate and up to date to .