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Corresponding figure

This topic has 1 reply, 2 voices, and was last updated 11 years ago by Ken Garrett.

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April 12, 2013 at 1:53 am #122212
nomantufail
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What is a corresponding figure ?
Comparative figure as we know that are all figures in Financial statement of one year earlier than the date of the financial statement. But where can i find the corresponding figures.
I am really struggling. Please help !!!
April 12, 2013 at 7:53 am #122215
Ken Garrett
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Corresponding figures are last year’s figures, usually listed beside this year’s.
Comparative financial statements is when the whole FS from the previous period are included with this year’s. A rare occurrence.
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