288 Another Word for Income Statement? – Income Statement Synonyms & Antonyms

Want to say income statement differently? Here are other words for income statement and its similar synonyms and opposite words to say in unique way.


Meaning of income statement

The primary meaning of the word "income statement" refers to a financial statement that summarizes a company's revenues and expenses over a specific period of time.

Etymology of income statement

The term "income statement" originated from the combination of the words "income", which refers to the money received by a company, and "statement", which refers to a formal document that provides information about a company's financial performance.
The concept of an income statement has been in use since the early days of accounting, with the first recorded use of the term dating back to the late 19th century.

Synonyms

profit and loss statement financial statement earnings report revenue statement expense report balance sheet cash flow statement financial summary accounting statement statement of earnings statement of financial performance income and expenditure account financial review annual report quarterly report financial results profit statement loss statement gain statement financial overview earnings statement income report financial analysis financial breakdown financial review accounting report financial summary report statement of financial position statement of operations statement of activities financial highlights financial commentary management discussion financial trends financial outlook financial projections financial forecast financial guidance financial update financial snapshot financial recap financial rundown financial round-up financial overview statement

Definitions

  • A financial statement that shows a company's revenues and expenses over a specific period of time, typically a month, quarter, or year, and is used to assess its financial performance.
  • * A document that provides a detailed breakdown of a company's income and expenses, including revenues, costs, and profits, and is used to evaluate its financial health and make informed business decisions.

Usage Examples

  • The company's income statement showed a significant increase in revenues and a corresponding increase in profits.
  • * The income statement is an essential tool for investors and analysts to evaluate a company's financial performance and make informed investment decisions.
  • * The company's management team reviewed the income statement to identify areas of improvement and optimize its financial performance.

Antonyms

loss statement deficit statement expense report expenditure statement outlay statement disbursement statement payment statement outgo statement expenditure account disbursement account payment account outgo account deficit account loss account negative statement unfavorable statement adverse statement unfavorable report adverse report negative report unprofitable statement unprofitable report non-profit statement non-profit report break-even statement break-even report

Related Adjectives

financial accounting fiscal monetary economic business corporate commercial industrial organizational managerial administrative executive operational strategic tactical financial accounting auditing bookkeeping financial analytical critical detailed thorough comprehensive accurate reliable timely relevant material significant substantial considerable notable noteworthy important essential vital crucial key primary principal major main basic fundamental underlying inherent intrinsic implicit explicit apparent obvious evident clear transparent concise readable understandable accessible useful helpful informative educational instructional explanatory descriptive narrative qualitative quantitative numerical statistical graphical visual textual contextual situational environmental external internal domestic international global local regional national sectoral industrial commercial governmental non-profit public private personal individual collective organizational institutional structural functional operational technical professional expert specialized sophisticated complex complicated intricate detailed nuanced subtle refined precise accurate reliable trustworthy credible authoritative official formal informal preliminary draft final revised updated amended corrected validated verified certified authenticated authorized approved accepted recognized respected renowned established traditional conventional standard common usual customary typical normal expected anticipated projected forecasted predicted estimated calculated measured

Related Nouns

revenue expense profit loss asset liability equity cash account ledger journal financial report balance sheet financial statement accounting auditor accountant bookkeeper financial analyst investor shareholder stakeholder management director officer employee company corporation business firm organization enterprise

Related Verbs

prepare review analyze evaluate assess examine investigate audit report disclose publish file submit present discuss explain justify account record calculate reconcile adjust correct revise update finalize approve authorize
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