This illustrated glossary uses Visual Finance™ to provide a contextualized 'big picture' view of financial results. The examples feature data for the Round Number Company—a 'made-up company' with simplified figures. The Appendix presents an explanation of how to read Visual Finance as well as the financial statements and VF views for the Round Number Company.
A Visual Finance representation of the relationships between Sales, Net Income and Assets.
(The Income|Outcome simulation game board design is similar to Visual Finance--it is a complete representation of Income Statement and Balance Sheet laid out side-by-side. This allows the overlay of this triangle for Ratio Analysis of business results.)
The above is our generic explanations of common corporate financial terminology. Actual meanings can vary widely from company to company; in order to have the correct internal definition you need to ask your Finance Department, "What do you mean by that?"
term list.