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.

Use financial statement in a sentence

My financial statement came in and it made me really upset because I had way less money than I even thought.

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You should always keep a clear and easy to read financial statement available so you know where you stand at all times.

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The auditor has yet to complete their review of our company's books and records and as such we have unable to provide financial statements to our lender.

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standard accounting practice Red Book