Fundamental Accounting Concepts (MINI Financial Reporting Scheme)

Associations are statements that describe permissible interrelationships between the terms. Fundamental accounting relations are permissible associations betweeen high-level financial reporting terms.

Retrieve information by fundamental accounting concept. (List of all Fundamental Accounting Concepts) | (Machine Readable)

• Fundamental Accounting Concept NameRequired
•   AssetsYES
•   Balance Sheet DateYES
•   Cost Of RevenueNO
•   Costs And ExpensesNO
•   Current AssetsYES
•   Current LiabilitiesYES
•   Document Fiscal Period FocusYES
•   Document Fiscal Year FocusYES
•   Document TypeYES
•   Economic Entity IdentifierYES
•   Economic Entity NameYES
•   Entity Fiscal Year EndYES
•   EquityYES
•   GrossProfitNO
•   Income (Loss) From Continuing Operations After TaxYES
•   Income (Loss) From Continuing Operations Before TaxYES
•   Income (Loss) From Discontinued Operations, Net Of TaxNO
•   Income Statement Start Period (Year to Date)NO
•   Income Tax Expense (Benefit)YES
•   LiabilitiesNO
•   Liabilities And EquityYES
•   Net Cash FlowYES
•   Net Cash Flow From Financing ActivitiesYES
•   Net Cash Flow From Investing ActivitiesYES
•   Net Cash Flow From Operating ActivitiesYES
•   Net Income (Loss)YES
•   Noncurrent AssetsNO
•   Noncurrent LiabilitiesNO
•   Nonoperating Income (Expense)NO
•   Operating and Nonoperating Costs and ExpensesYES
•   Operating and Nonoperating RevenuesYES
•   Operating ExpensesYES
•   Operating Income (Loss)YES
•   Reporting Style CodeYES
•   Return on Assets (ROA)NO
•   Return on Equity (ROE)NO
•   Return on Sales (ROS)NO
•   RevenuesYES
•   Sustainable Growth Rate (SGR)NO

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Last updated: 3/12/2020 10:16:43 AM