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