Difference between accounting statements, financial statements and financial accounting reports?

Accounting statements, financial statements and financial accounting reports are different in 3 ways:

One, the overview of the three are different:

1, the overview of the accounting statements: the accounting statements are the daily accounting information in the form of a certain form of summary reflection and comprehensive reflection of the reporting documents.

2, the overview of the financial statements: financial statements are accounting statements reflecting the enterprise or budgetary unit for a certain period of time funds, profit status.

3, the overview of the financial accounting report: financial accounting report is the financial accounting report to the users of the financial accounting report to provide the financial position of the enterprise, results of operations and cash flow and other relevant accounting information, reflecting the management of the enterprise fiduciary responsibility to fulfill the written report.

The role of the three different:

1, the role of the accounting statements:

(1) accounting statements with the enterprise has an economic interest in the external units and individuals to understand the enterprise's financial position and results of operations, and based on the important basis for decision-making.

(2) Accounting statements are the source of information for macro-control and management by the national economic management department.

(3) The economic information provided by the accounting statements is an important basis for strengthening and improving business management within the enterprise.

2, the role of financial statements:

(1) a comprehensive and systematic revelation of the financial position of the enterprise for a certain period of time, operating results and cash flow, conducive to the understanding of business managers of the completion of the tasks and indicators of the unit, the evaluation of the management of the business performance of managers in order to identify problems in a timely manner, adjust the direction of the business, and to formulate measures to improve the level of management and to improve the economic efficiency, to provide a basis for economic forecasting and decision-making. Provide a basis for economic forecasting and decision-making.

(2) It is conducive to the national economic management department to understand the operation of the national economy. By summarizing and analyzing the financial statement information provided by each unit, we can understand and grasp the economic development of each industry and region, so as to macroscopically regulate the economic operation, optimize the allocation of resources, and ensure the stable and sustainable development of the national economy.

(3) conducive to investors, creditors and other interested parties to grasp the financial situation of enterprises, operating results and cash flow, and then analyze the profitability of enterprises, solvency, investment income, development prospects, etc., for their investment, loans and trade to provide a basis for decision-making.

(4) is conducive to meeting the financial, tax, industry and commerce, audit and other departments to monitor business management. Through the financial statements can check, supervise the enterprises whether to comply with the national laws, regulations and systems, there is no tax evasion behavior.

3, the role of financial accounting report:

(1) financial accounting report can provide information for investors and creditors of investment, loan decision-making.

(2) financial accounting report can provide information for the unit to strengthen economic management.

(3) Financial accounting reports can provide information for the relevant management departments to strengthen inspection, supervision, and maintenance of economic order.

Three, the composition of the three different:

1, the composition of the accounting statements: by the main table and the relevant schedules, of which the main table includes the balance sheet, income statement and cash flow statement, schedules, including the schedule of provision for impairment of assets, statement of distribution of profits. There is a close connection between the main table and the relevant schedules, which illustrate the financial position, operating results and cash flow situation of the enterprise from different perspectives, and the schedules are further supplements to the main table.

2, the composition of the financial statements: including balance sheet, income statement, cash flow statement or statement of changes in financial position, schedules and notes. The financial statements are the main part of the financial report, excluding the directors' report, management analysis and financial statements and other information included in the financial report or annual report.

3, the composition of the financial accounting report: including the accounting statements, notes to the accounting statements and statement of financial position. (According to the Accounting Law, Article 20, paragraph 2: "financial accounting report consists of accounting statements, notes to the accounting statements and statement of financial position.)

Baidu Encyclopedia - Financial Statements

Baidu Encyclopedia - Accounting Statements

Baidu Encyclopedia - Financial Accounting Report