Examlex
Use the following information to calculate the "net income available to ordinary shareholders":
Double-Entry System
An accounting system where each transaction is entered twice, as a debit in one account and a credit in another, to ensure the accounting equation is always balanced.
Financial Statements
Papers that deliver a summary of a company's financial health, featuring the income statement, balance sheet, and cash flow statement.
External Auditors
Independent third-party auditors who evaluate an organization’s financial statements to ensure accuracy and compliance with accounting standards.
Retrospective Adjustment
Adjusting the financial statements of past periods to reflect the application of new accounting policies as if they had been applied all along.
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