Of course, board members make use of a variety of other financial reports. However, the four basic financial statements provide the concise information required to place supplementary reports in ...

Understanding the basic features of financial statements and how they relate to one another can help you understand a company's financial position and make good decisions concerning the ...

Income statements, balance sheets and cash flow statements. If you're running a business, you probably have some knowledge of basic financial statements and how to use them. But do you know why ...

Types of Financial Statements Companies use the balance sheet, income statement, and cash flow statement to manage the operations of their business and to provide transparency to their stakeholders.