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financial statement
(redirected from Financial statements)

   Also found in: Legal, Wikipedia 0.01 sec.
Financial statement
A report of basic accounting data that helps investors understand a firm's financial history and activities.

financial statement
A report providing financial statistics relative to a given part of an organization's operations or status. The two most common financial statements are the balance sheet and the income statement. See also comparative financial statements.

financial statement

A semi-itemized list of the assets and liabilities of a person or entity as of a point in time,and the revenues and expenses over a representative month or over a period of time such as one year. Do not confuse with financing statement.



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disclose in their annual financial statements an explicit and unreserved statement of compliance with IFRS, and disclose in their interim financial reports that they have complied with International Accounting Standard 34, Interim Financial Reporting.
The combined financial statements of a parent company and its subsidiaries.
The objective of this Statement is to establish general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued or are available to be issued.
 
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