The Balance Sheet Page of Reliance Industries Ltd. Financial ratios have been calculated using the balance sheet and profit and loss account of the two companies viz Reliance Industries Ltd. Earnings Per Share Rs 5306. Financial ratios of reliance industries. This region was severely impacted due to a concentration of the high-tech industry heavy reliance […]
Month: September 2022
Minority Interest In Consolidated Financial Statements
Minority interest is defined as the ownership value of an individual or business that owns less than 50 percent of a business. The main objective of financial statements is to aid in decision making. Consider the following example of Entity A having 40 interest in Entity B. IFRS 10 outlines the requirements for the preparation […]
Assets Liabilities And Equity
There are three concrete parts to the Balance sheet. Equity liabilities and assets. The term liabilities is used to describe debts sometimes payments one owes others. In accounting all possessions of a business assets are shown on the balance sheets left side whereas all claims on those resources liabilities and equity are shown on the […]
