Definitions for "Financial Statements"
Related Terms:
Financial statement, Statement of changes in financial position, Pro forma financial statements, Pro forma statement, Financial accounting, Balance sheet, Annual accounts, Statement of financial position, Consolidated statements, Earnings statement, Statement of cash flows, Audited financial statements, Consolidated financial statements, Cash flow statement, Interim statement, Profit-and-loss statement, Financial reports, Revenues, Operating statement, Pro forma , Notes to the financial statements, Compilation, Net worth statement, Statement of retained earnings, Auditor's report, Profit and loss statement, Financial report, Statement of activities, Annual report, Adverse opinion, Financial ratio, Off balance sheet financing, Consolidated accounts, Accounts , Profit and loss account, Vertical analysis, Accounts , Statements, General ledger, Pooling of interests, Income statement, Other current assets, Liquid asset, Accounting equation, Current asset, Cash and equivalents, Off-balance sheet financing, Current assets, Off-balance-sheet financing, Liquid assets
The major financial data provided by a corporation, primarily the balance sheet and the income statement.
The Securities and Exchange Law requires listed firms and other large companies to disclose their basic financial statements every fiscal year in order to protect investors. The companies are required to submit them to national authorities within three months after the end of the fiscal year. If extraordinary events occur, the firms also need to prepare reports on these events. Financial statements cover in detail a wide range of information on corporate operations, financial condition, personal history of directors, large shareholders, share issuance, capital investment and group companies. Financial statements issued by some U.S. and European companies contain directors' remuneration. The public can gain access to submitted financial statements at the Financial Services Agency, regional treasury bureaus of the Finance Ministry, and the headquarters and major branches of issuers. Statements issued by listed companies can also be accessed at stock exchanges.
Statements concerning the business's financial status. These include: income statement, balance sheet, and cash flow statements, and may include other statements appropriate for your business. Your accountant can prepare these, or, if you use accounting software such as QuickBooks, the software can be used to prepare the statements.
A company's annual financial statements, which comprise the profit and loss account, the statement of total recognised gains and losses, the balance sheet, the cash flow statement and various supplementary notes. They form the major part of the company's annual report; this is sent to shareholders and placed on the public record at Companies House. Can also refer to other contexts, such as interim financial statements.
Presentation of the primary accounts of a company, including a balance sheet, income statement, statement of changes in financial position, changes in stockholders´ equity, and explanatory notes to these statements.
Collective description for the Statement of Financial Performance, the Statement of Financial Position, the Statement of Cash Flows and associated notes of agencies and the Government as a whole.
the balance sheet, the profit and loss account (or income statement), the funds flow statement, etc.
Written record of the financial status of an individual, organization or governmental entity. Statements commonly include income statement, balance sheet, cash flow statement, and if the organization is a non-profit, a funds balance statement.
Formal reports prepared from accounting records describing the financial position and performance of the business.
complete set includes balance sheet, income statement, statement of changes in equity, cash flow statement and accounting policies and notes
reports that provide management with information to monitor financial resources.
The balance sheet, income statement, statement of changes in financial position, statement of changes in owners' equity accounts, and notes thereto.
Collective description of the Statement of Financial Position (Balance Sheet), the Statement of Financial Performance, the Statement of Cash Flows.
Collective description of the Income Statement, the Balance Sheet and the Cash Flow Statement.
Main source of financial information to persons outside the organization. These convey to management and to interested outsiders a concise picture of the profitability and financial position of the organization.
The annual income and expenditure statements, audited where required by the funding agreement and as submitted to Corporate Affairs or the Tax Office as applicable that can be used to evaluate a service's past and current financial position.
Documents showing your business's financial position, usually the income statement and the balance sheet.
Document which shows the financial situation of a company. Comprises a balance sheet, profit and loss account, cash flow statement, related notes and other statements required by regulation.
For smaller companies, usually the balance sheet and income statement. For larger corporations, it will include a statement of cash flows.
Any written presentation of financial data, including a balance sheet, statement of condition, profit and loss statement, income statement, etc.
The most important products of accounting; include the balance sheet, income statement, statement of changes in owner's equity, and the statement of cash flows.
Refer to the balance sheet and the income statement. The balance sheet is a report that shows the financial condition of the company. The income statement (also called the profit and loss statement or the P&L) is the profit performance summary. Financial statements can include the supporting documents like cash flow reports, accounts receivable reports, transaction register, etc.; any report that measures the movement of money in your company. Financial statements are what the bank wants to see before it loans you money. The IRS insists that you share the score with them, and asks for your financial statements every year.
reports over time that summarize a business financial performance.
In the modern capitalist system, most governments require publicly-traded companies to issue a set of documents each year called financial statements or financial reports. This set most often consists of the "balance sheet", the "income statement", the "statement of retained earnings", and the "statement of cash flows", in addition to supplementary notes and management discussion. In the United States, publicly-traded companies are required to prepare based on generally accepted accounting principles.
Normally comprising a balance sheet, a statement of revenue and expenses, a statement of changes in financial position, and accompanying notes.
Formal financial reports prepared from accounting records (for example, Profit & Loss Statement, Balance Sheet, Statement of Retained Earnings).
are a presentation of financial information including accompanying notes derived from accounting records to communicate for a period of time an entity's financial performance and cash flows and at a point of time its financial position.
Organization's balance sheet including assets, liabilities and equity as well as income statements
Reports - usually a balance sheet and an income statement - which show the financial position of a business for a specific time period and the operating results by which it arrived at this position.
This is a statement which includes the annual accounts, directors' report and so on.
Financial statements are the means by which the information accumulated and processed in financial accounting is periodically communicated to those who use it. They are designed to serve the needs of a variety of users, particularly owners and creditors. Through the financial accounting process, the effects of the economic activities of a reporting entity are accumulated, analyzed, classified, recorded, summarized, qualified and reported as information of two basic types: (1) financial position, which relates to a specific point in time, (2) changes in financial position, which relates to a period of time. Notes to the statements, which may explain headings, captions or amounts in the statements or present information that cannot be expressed in money terms, and descriptions of accounting policies are an integral part of the statements.
Standardized reports of a company's major monetary events and transactions.
Reports that summarize a business's financial position and operating results (com- prised of a balance sheet, income statement, and statement of cash flow).
Usually financial statements refer to the balance sheet, income statement, statement of cash flows, statement of retained earnings, and statement of stockholders' equity. The balance sheet reports information as of a date (a point in time). The income statement, statement of cash flows, statement of retained earnings, and the statement of stockholders' equity report information for a period of time (or time interval) such as a year, quarter, or month. To learn more, see Explanation of Financial Ratios. To Top
(audited or unaudited) – A set of financial statements (Statement of Financial Position, Statement of Operations and Statement of Changes in Financial Position) that, taken together provide the reader with a "picture" of the financial viability and management capacity of an organization. Recipients' financial statements allow the Department/Program to confirm actual expenses and revenues of the project funded by the contribution.
Collective name for historical financial reports of assets, liabilities, capital, income and expenses.
a statement, in monetary terms, of the results of an accounting entity's transactions over a given period.
Accounting statements that provide specific information about a company's financial position The include the Profit and Loss Statement, also known as the Income Statement, the Balance Sheet, and the Statement of Cash Flows. Financial statements can generally be audited by an outside CPA firm or unedited and, thus, prepared by the company.
Statements that show income, expenses, and profit for an accounting period (Profit and Loss, Income Statement), or assets, liabilities and equity as of a point in an accounting period (Balance Sheet)
A set of reports consisting of a statement of financial position (balance sheet), a statement of financial activity, a cash flow statement, and explanatory notes. The statement may report on the entire university or on one division. The university issues an annual audited financial statement for the period ending May 31. The format for the statements is prescribed in part by the CICA Handbook and MEQ's Cahier des Définitions.
Financial statements have evolved over the years to show in standard, easy to read format what a company owns and owes (Balance Sheet), whether it is making or losing money (P&L), and whether its cash flow is positive or negative (Cash or Funds Flow).
Financial statements that bring together all assets, liabilities, and operating accounts of a parent company and its subsidiaries
Reports such as the balance sheet, income statement, and statement of cash flows, which summarize the financial status and results of operations of a business entity.
The presentation of financial data, including accompanying notes derived from accounting records and intended to communicate an entity's economic resources or obligations at a point in time, or the changes therin for a period of time, in accordance with a comprehensive basis of accounting.
Presentation of financial data including BALANCE SHEETS, INCOME STATEMENTS and STATEMENTS OF CASH FLOW, or any supporting statement that is intended to communicate an entity's financial position at a point in time and its results of operations for a period then ended.
Profit and loss statements from which the lender should be able to determine a corporation's profitability, effectiveness of management and prospects for future corporate growth.
Reports that summarize financial position and operating results of the business
Accounts prepared by companies, comprising a balance sheet, profit and loss account, cash flow statement, related notes and other statements required by regulation.
In an annual report, these are the audited financial results for the year, including a balance sheet, a statement of profit and loss, a statement of retained earnings and a set of notes that explain any unusual items in the reports.
Written record of the financial status of an individual or organization. Commonly include profit and loss, or income statement; the balance sheet, which includes a statement of the company's retained earnings; and the cash flow statement.
Reports of a company's past financial performance and current financial position. The four primary financial statements are the balance sheet, income statement, statement of shareholder's equity, and the statement of cash flows.
Financial statements (or financial reports) are formal records of a business' financial activities. These statements provide an overview of a business' profitability and financial condition in both short and long term.
The primary means of communicating important accounting information to users.
Refers to the consolidated Group Accounts of Smith & Nephew plc.
Documents that show your financial situation.
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