financial statement
A written report which quantitatively describes the financial health of a company. This includes an income statement and a balance sheet, and often also includes a cash flow statement. Financial statements are usually compiled on a quarterly and annual basis.
Related Terms
Related Terms on BusinessDictionary
adjusting events
vertical analysis
financial accounting standards (FAS)
prior period adjustments
accounting cycle
accounting policies
accounting rate of return (ARR)
auditor's qualified opinion
chief financial officer (CFO)
accounting concepts
pro forma
accounting entity
pro forma statement
suspense account
comparative financial statement
inflation accounting
syndication cost
consistency principle
T account
statement of resources
generally accepted accounting principles (GAAP)
constant value accounting
statement of retained earnings
going-concern principle
accounting risk
trial balance
interim statement
dangling debit
unliquidated commitment
internal statement
supporting data
directors' report
adequate disclosure
value added statement
noncash item
solvency ratios
line item budget
Dun & Bradstreet rating
soft asset
all purpose statement
loan committee
auditor's adverse opinion
statement of affairs
worksheet
open book management (OBM)
external statement
statement of sources and application of funds
International Accounting Standards (IAS)
marketing plan
balance of indebtedness
basic financial statements
absorption
year-end closing
notes
financial controls
vertical analysis
financial accounting standards (FAS)
prior period adjustments
accounting cycle
accounting policies
accounting rate of return (ARR)
auditor's qualified opinion
chief financial officer (CFO)
accounting concepts
pro forma
accounting entity
pro forma statement
suspense account
comparative financial statement
inflation accounting
syndication cost
consistency principle
T account
statement of resources
generally accepted accounting principles (GAAP)
constant value accounting
statement of retained earnings
going-concern principle
accounting risk
trial balance
interim statement
dangling debit
unliquidated commitment
internal statement
supporting data
directors' report
adequate disclosure
value added statement
noncash item
solvency ratios
line item budget
Dun & Bradstreet rating
soft asset
all purpose statement
loan committee
auditor's adverse opinion
statement of affairs
worksheet
open book management (OBM)
external statement
statement of sources and application of funds
International Accounting Standards (IAS)
marketing plan
balance of indebtedness
basic financial statements
absorption
year-end closing
notes
financial controls
business financials
absorption account
objectivity
human capital
overapplied overhead
duty of care
basis of accounting
statement of owners' equity
chart of accounts
accounting change
perjury
common-size financial statement
International Financial Reporting Standards (IFRS)
comparative analysis
translation
significant influence
window dressing
financial position
annual return
unqualified opinion
extraordinary item
internal financing
full disclosure
recognition
financial ratios
commercial loan
fundamental analysis
accounting period
accuracy
general ledger
accruals
financial results
consolidation
accountant
review
prospectus
tax liability
disclosure
schedule
fundamentals
model
inventory
entity
customer
absorption account
objectivity
human capital
overapplied overhead
duty of care
basis of accounting
statement of owners' equity
chart of accounts
accounting change
perjury
common-size financial statement
International Financial Reporting Standards (IFRS)
comparative analysis
translation
significant influence
window dressing
financial position
annual return
unqualified opinion
extraordinary item
internal financing
full disclosure
recognition
financial ratios
commercial loan
fundamental analysis
accounting period
accuracy
general ledger
accruals
financial results
consolidation
accountant
review
prospectus
tax liability
disclosure
schedule
fundamentals
model
inventory
entity
customer
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