Financial Statements - What do mean by financial statement?

Q: What do mean by financial statement?

Financial statements are written records that convey the business activities and the financial performance of a company. Financial statements are often audited by government agencies, accountants, firms, etc. to ensure accuracy and for tax, financing, or investing purposes. Financial statements include: Balance sheet.

Answer

A company's financial statements are documents that detail the operations and results of the company's finances. For purposes of taxation, funding, or investment, financial statements are frequently examined by auditors, businesses, government agencies, etc. One example of a financial statement is the balance sheet.

Financial Statements - What do mean by financial statement?

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