Financial results of the enterprise

The article touches on the theoretical aspects of the formation of financial results in commercial organizations. We speak about various types of financial reports. The focus of our attention is profit, which is an important element in the process of creating financial results. We also provide examples of accounting transactions. All economic transactions that form the activities of an organization consist of income and expenses, which affect the financial result of the company. The goal of all commercial organizations is a good financial result of its activities, which consists of profit. Financial result can also have a negative value, appearing in the form of a loss for the organization.