A written report that quantitatively summarizes the financial status of an organization for a stated period of time. Includes an income statement and balance sheet describing the flow of resources, profit or loss, and the distribution or retention of profits.
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A presentation of financial information derived from the accounting records. Financial statements include a Balance Sheet, Income Statement (or Profit and Loss Statement), and Cash Flow Statement.
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A written report of the financial condition of a firm. Financial statements include balance sheet, income statement, statement of changes in net worth and statement of cash flow.
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A document which sets out the assets, income, expenses and debts of a person or company to allow a third person to assess that person or corporation's financial health (ie when considering lending money to that person or corporation).
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An accounting statement showing assets and liabilities of a person or company. Used generally for large loans or other instances when the credit report (history of payment of debts) in itself is not sufficient.
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