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