AuditDesktop supports work with Income statement financial
statement. It can be generated automatically in accordance with the
Income statement items nomenclature's settings
or entered manually. If you use the automatic generation, you must enter
the Codes and Names of the items beforehand. When using the manual
input, you can enter them in the current active window; they will be
automatically transferred later on. The Income statement of an audited
entity can be entered for the current period, the previous period and
the period before last. This allows for a quick and easy-to-use analysis
of changes.
To access the Income statement active window, open the
Statements tab and click the Income statement button.
¶ Initial
In this tab you can enter the Initial income statement which the client
provides at the beginning of the engagement.
The buttons give access to the following actions:
Print - preview and print
the Initial income statement data on templates
Data - open the Edit
initial income statement window
Nomenclature - open the
Income statement items nomenclature
Refresh - reload and
refresh data
¶ Final
Here you can enter the Final income statement for the audited entity.
This can be done manually or by selecting the Copy data from Initial
statement option. The latter allows for an automatic transfer of
balance from the Period-1, Period-2 and Current period
columns. The third available option that you can select is Calculate
from Final trial balance.
The buttons give access to the following actions:
- Print - preview and print
the Final income statement data on templates - Data - open the Edit
final income statementwindow - Nomenclature - open the
Income statement items nomenclature - Refresh - reload and
refresh data
When using the copy engagementfunction, AuditDesktop
will automatically transfer values from Final to Period -1, and
those from Period -1 to Period -2 column.