Includes bibliographical references.

28. Accounting processing cycle revisited -- 29. Preparation of general purpose financial statements -- 30. Statement of financial position -- 31. Statement of performance or statement of profit or loss and other comprehensive income -- 32. Statement of changes in equity -- 33. Statement of cash flow -- 34. Notes to financial statements -- 35. Earnings per share / book value per share -- 36. Related party disclosures ; events after the reporting period -- 37. Operating Segment reporting -- 38. Changes in accounting policies and estimates -- 39. Interim financial reporting -- 40. Reconstruction of accounts -- 41. Financial reporting and changing prices -- 42. The Philippines financial reporting frameworks --Appendices -- List of references.

This textbook is the third part of the three-volume series of intermediate financial accounting designed to address the needs of accountancy students, faculty and practitioners under the outcomes-based-curriculum mandated by the Commission on higher education effective in 2018 to enable them to operate more effectively in a global business environment.