[Verse 1]
Three statements tell the story clean and bright
Balance sheet shows what you own tonight
Assets, liabilities, equity's throne
Current and non-current, clearly shown
Income statement captures every sale
Revenue minus expenses tells the tale
No OCI confusion here to find
ASPE keeps it simple, peace of mind
[Chorus]
Balance, Income, Cash Flow too
ASPE's trio sees you through
No comprehensive income maze
Just the facts in ordered ways
Balance, Income, Cash Flow clear
ASPE format guides us here
[Verse 2]
Cash flow statement tracks the money's dance
Operating, investing, finance
Direct or indirect method works just fine
Show the sources, watch the bottom line
Comparative figures side by side
Last year's numbers help you to decide
Consistency matters year to year
Keep the format crystal clear
[Chorus]
Balance, Income, Cash Flow too
ASPE's trio sees you through
No comprehensive income maze
Just the facts in ordered ways
Balance, Income, Cash Flow clear
ASPE format guides us here
[Bridge]
No other comprehensive income stress
ASPE keeps it tidy, nothing less
Pension gains and foreign currency
Go direct to equity, you see
Simpler standards for the smaller firms
Fewer complications, fewer terms
[Verse 3]
Classification drives the balance sheet
Current assets first, then non-current meet
Liquidity order shows the flow
What converts to cash, you need to know
Income statement groups by nature's call
Revenue first, then expenses all
Net income lands at the bottom space
Clean presentation shows your place
[Chorus]
Balance, Income, Cash Flow too
ASPE's trio sees you through
No comprehensive income maze
Just the facts in ordered ways
Balance, Income, Cash Flow clear
ASPE format guides us here
[Outro]
Three statements standing strong and true
ASPE's wisdom guiding you
Simple format, powerful sight
Financial truth in black and white