Financial statements

Financial statements

Financial reports of a company which include: Balance Sheet; Income statement (or Profit and Loss statement ("P&L"), Statement of retained earnings which explains the changes in a company's retained earnings over the reporting period; and Statement of Cash flows which reports a company's cash flow activities.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Banking
Category: Mergers & acquisitions
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Product:
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Related terms

financial statement

Banking; Investment banking

Also: accounts, annual accounts. The balance sheet and profit and loss account/income statement of a company prepared at the end of an accounting period.

financial statements

Banking; Mergers & acquisitions

Financial reports of a company which include: Balance Sheet; Income statement (or Profit and Loss statement ("P&L"), Statement of retained earnings which explains the changes in ...

financial statement

Accounting; General accounting

Summary report that shows how a firm has used the funds entrusted to it by its stockholders (shareholders) and lenders, and what is its current financial position. The three basic ...

financial statements

Financial services; Accountancy

A complete set of financial statements comprises: (a) a statement of financial position as at the end of the period; (b) a statement of comprehensive income for the period; (c) a ...

financial statement

Financial services; General Finance

A report of basic accounting data that helps investors understand a firm's financial history and activities.

financial statement

Computer; Operating systems

A statement of a company's financial state as of the end of a defined period. A financial statement may include an operating statement (an income statement showing the results in ...

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