prepare financial statements

Description

Collect, entry, and prepare the set of financial records disclosing the financial position of a company at the end of a certain period or accounting year. The financial statements consisting of five parts which are the statement of financial position, the statement of comprehensive income, the statement of changes in equity (SOCE), the statement of cash flows and notes.

Alternative label

  • prepare financial statement

  • prepare statements on finances

  • formulate financial statements

  • get financial statements ready

  • draw up financial statements

  • preparing financial statements

Skill type

  • skill

Skill reusability level

  • cross-sector skills and competences

Optional Knowledge

Essential skill/competence of

Optional skill/competence of

Status

released

Concept URI

http://data.europa.eu/esco/skill/60f51172-37c0-4933-a27a-cbf55dcd7580