Status: Psychology Student. The school I'm attending offers all three: A terminal Clinical Master's, a general Master's (that is separate from the Doctoral Program), and a PsyD program. I want to end up in a PhD program because I enjoy research and want a research based program.
Chron.com Local Directory. The four main financial statements for a small business include the income statement, the balance sheet, the statement of cash flow and the statement of owner's equity. Private companies and small businesses don't need to prepare financial statements.
General-purpose financial statements are issued throughout the year to aid investors and creditors in their decision making process. A set of general-purpose financial statements includes a balance sheet, income statement, statement of owner's equity/retained earnings, and statement of cash flows.