financial statement
Definition
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.
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Related Terms
audited financial statements, auditor's report, combined financial statement, comparative statements, consolidated financial statement, cooking the books, accounting, quarterly report, annual report, qualified opinion, unqualified opinion, unaudited opinion
'financial statement
' appears in the definitions of these other terms on BusinessDictionary.com accounting concepts, vertical analysis, adjusting events, financial accounting standards (FAS), accrual basis accounting, and
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