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Financial statements - Lecture 5 Statement of Retained Earnings (ASPE)

4,745 views

Else Grech Accounting

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (CA)

Speech Time:

91%
  • 5:08 / 5:38

Speech Rate:

  • 190 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

earnings

/ˈərniNGz/

noun other

money obtained in return for labour or services. Incomes that a person receives.

affected

/əˈfektəd/

adjective verb

influenced or touched by external factor. To cause a change in something else.

retained

/rəˈtān/

verb

continue to have.

because

/bēˈkəz/

conjunction

for reason that.

stakeholders

/ˈstākˌhōldər/

noun other

(in gambling) independent party with whom each of those who make wager deposits money or counters wagered. Someone who holds a financial share of a business.

covered

/ˈkəvər/

verb

(Police or military) to protect from attack.

understand

/ˌəndərˈstand/

verb

perceive intended meaning of.

financial

/fəˈnan(t)SHəl/

adjective noun

relating to finance. organization's finances.

distributed

/dəˈstribyo͞odəd/

adjective verb

shared or spread out. To send products to stores to sell.

difficult

/ˈdifəkəlt/

adjective

needing much effort or skill to accomplish, deal with, or understand.

generation

/ˌjenəˈrāSH(ə)n/

noun

all people born and living at about same time.

statement

/ˈstātmənt/

noun

Record of activity in a bank account over time.

ourselves

/ou(ə)rˈselvz/

pronoun

used as object of verb or preposition when this is same as subject of clause.

element

/ˈeləmənt/

noun

Essential or particular part of something.

reports

/rəˈpôrt/

noun other verb

account given of particular matter. Official statements about some things. give spoken or written account of something.

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