Relier Pairs accounting vocabularyVersion en ligne accounting vocabulary par marco rabadan 1 Assets 2 Income statement 3 Revenue 4 Cash flow 5 Financial 6 Balance sheet 7 Expenses 8 Audit The income generated by a business from its normal activities, such as sales of goods or services. To conduct an official examination and verification of financial records to ensure accuracy and compliance with regulations. Relating to finances or the management of money. A financial report summarizing a company's revenues, expenses, and net income over a specific period. The costs incurred by a business in order to generate revenue, including wages, rent, utilities, and supplies. The resources owned by a business, such as cash, inventory, equipment, and property. A financial snapshot showing a company's assets, liabilities, and equity at a specific point in time. The movement of money in and out of a business.