financial statement

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Related to Financial report: Annual report

Financial statement

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

Financial Statement

Any list of the assets and liabilities of a company designed to show its financial health, profits or losses, and/or other variables. The two most common financial statements are the balance sheet and the income statement. Publicly-traded companies and some others are legally required to publish certain financial statements.

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.

References in periodicals archive ?
This information is communicated primarily through the regular issuance of financial reports or statements.
I'm the accounting manager of a small public company One of my responsibilities is to provide management with monthly financial reports.
Despite their concerns about the difficulty of finding information and confirming it,; completeness, the researchers believe online financial reports can deliver a wide range of benefits for global business, as long as regulators and standard setters agree on and apply some much-needed ground rules to the process of creating, distributing and maintaining electronic financial reports.
The Wyeth Financial Report therefore delivers the latest and the most comprehensive intelligence available on Wyeth's financial performance.
The West Pharmaceuticals Services Inc Financial Report therefore delivers the latest and the most comprehensive intelligence available on West Pharmaceuticals Services Incs financial performance.
2 also addressed the appropriate content of general purpose financial reports issued by federal entities.
In 2002, CalCPA assembled an independent committee to recommend changes that could be made in California to improve financial reports and the process involved in preparing and auditing those reports.
Financial penalties and prison terms await corporate officers who certify financial reports that are prepared in a manner inconsistent with established controls or that deliberately contain false or misleading financial information.
The Financial Reporting Module generates both financial reports (generated for external use, e.
The standards apply to OPEB plans that are included as trust funds in the financial reports of plan sponsors or employers, and to stand-alone financial reports of OPEB plans that are established as trusts, when issued by the public employee retirement systems, or other governmental entities that administer them.
Unless otherwise specified, pronouncements of the GASB apply to financial reports of all state and local governmental entities, including general purpose governments, public benefit corporations and authorities, public employee retirement systems, utilities, hospitals and other healthcare providers, and colleges and universities.
CPAs in public practice will need to know XBRL when working with CEOs and CFOs, who will use it to issue financial reports and to obtain credit from lenders.

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