The aim of the paper is to describe one-parameter groups of formal power series, that is to find a general form of all homomorphisms Θ G : G → Γ, Θ G (t) = ∞ k=1 c k (t)X k , c 1 : G → K \ {0}, c k : G → K for k ≥ 2, from a commutative group (G, +) into the group (Γ, •) of invertible formal power series with coefficients in K ∈ {R, C}. Considering one-parameter groups of formal power series and one-parameter groups of truncated formal power series, we give explicit formulas for the coefficient functions c k with more details in the case where either c 1 = 1 or c 1 takes infinitely many values. Here we give the results much more simply than they were presented in