statements of income vs statement of income

Both "statements of income" and "statement of income" are correct, but they are used in different contexts. "Statement of income" is the more common and standard phrase used to refer to a financial document detailing income, while "statements of income" could be used in a more specific context where multiple statements are being discussed.

Last updated: March 30, 2024 • 508 views

statements of income

This phrase is correct in a specific context where multiple statements are being discussed.

This phrase is used when referring to multiple documents or instances of income statements.

Show examples from the web [+]

Under the Constitution, the Audit Office is responsible for auditing the statements of income and expenditure, all accounts of monies and other assets administered by the Republic and liabilities incurred by the account of the Republic.
empower the Committee on Budgetary Control each year to draw up a report on the basis of the statements of income and expenditure, the balance sheet and auditor's certificate forwarded by the political groups;
For each purchase of durable goods, a certified copy of the invoice must be attached to the statement of income and expenditure, and forwarded to the Commission.
A certified copy of the invoice must be attached to the statement of income and expenditure and forwarded to the Commission.
A certified statement of this income was obtained by Border Crossings and sent to the Agency as requested.
An entity shall provide this information for each period for which a statement of comprehensive income is presented.
Paragraph 67 is amended as follows: ... dual presentation can be accomplished in one line in the statement of comprehensive income.
A statement of changes in equity that comprises only these items shall be titled a statement of recognised income and expense.
Information to be presented in the statement of comprehensive income or in the notes
An entity shall present the effects of financing (interest revenue or interest expense) separately from revenue from contracts with customers in the statement of comprehensive income.
When an income statement is presented it is part of a complete set of financial statements and shall be displayed immediately before the statement of comprehensive income.
As permitted by paragraph 81, an entity may present the components of profit or loss either as part of a single statement of comprehensive income or in a separate income statement.
In paragraph 28, in the same income statement caption is amended to in the same caption in the statement of comprehensive income.
For credit institutions using the income statement of IFRS 7, the variable may be limited to dividend income only.
The French authorities state that the income statements of CCI-airport show that there is no overcompensation.
The income statements of the two entities display a similar difference is size and scope.
Indeed, such costs were recorded as a cost in the income statement of the two exporting companies and could directly be linked to the like product.
Examples of measures of segment performance below segment result in the statement of comprehensive income are profit or loss from ordinary activities (either before or after income taxes) and profit or loss.
Actuarial gains and losses recognised in other comprehensive income as permitted by paragraph 93A shall be presented in the statement of comprehensive income.
An entity shall disclose the following items in the statement of comprehensive income as allocations of profit or loss for the period:

Alternatives:

multiple income statements
several income statements
various income statements
numerous income statements
multiple statements detailing income

statement of income

This is the more common and standard phrase used to refer to a financial document detailing income.

This phrase is commonly used to refer to a single document or instance of an income statement.

Show examples from the web [+]

For each purchase of durable goods, a certified copy of the invoice must be attached to the statement of income and expenditure, and forwarded to the Commission.
A certified copy of the invoice must be attached to the statement of income and expenditure and forwarded to the Commission.
including an annual statement of income in the form of salary statements or audited accounts, as the case may be, and a sworn or notarised declaration that he or she is in receipt of no other income from any new employment,
32.' management account' means a detailed statement of income and costs of an air carrier ï for the period in question including a breakdown between air-transport-related and other activities as well as between pecuniary and non-pecuniary elements;
A certified statement of this income was obtained by Border Crossings and sent to the Agency as requested.
Under the Constitution, the Audit Office is responsible for auditing the statements of income and expenditure, all accounts of monies and other assets administered by the Republic and liabilities incurred by the account of the Republic.
empower the Committee on Budgetary Control each year to draw up a report on the basis of the statements of income and expenditure, the balance sheet and auditor's certificate forwarded by the political groups;
An entity shall provide this information for each period for which a statement of comprehensive income is presented.
Paragraph 67 is amended as follows: ... dual presentation can be accomplished in one line in the statement of comprehensive income.
A statement of changes in equity that comprises only these items shall be titled a statement of recognised income and expense.
Information to be presented in the statement of comprehensive income or in the notes
An entity shall present the effects of financing (interest revenue or interest expense) separately from revenue from contracts with customers in the statement of comprehensive income.
When an income statement is presented it is part of a complete set of financial statements and shall be displayed immediately before the statement of comprehensive income.
As permitted by paragraph 81, an entity may present the components of profit or loss either as part of a single statement of comprehensive income or in a separate income statement.
In paragraph 28, in the same income statement caption is amended to in the same caption in the statement of comprehensive income.
For credit institutions using the income statement of IFRS 7, the variable may be limited to dividend income only.
The French authorities state that the income statements of CCI-airport show that there is no overcompensation.
The income statements of the two entities display a similar difference is size and scope.
Indeed, such costs were recorded as a cost in the income statement of the two exporting companies and could directly be linked to the like product.
Examples of measures of segment performance below segment result in the statement of comprehensive income are profit or loss from ordinary activities (either before or after income taxes) and profit or loss.

Alternatives:

income statement
financial statement of income
report of income
document detailing income
financial record of income

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statements of income vs statement of income