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