Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Katrina Ávila Munichiello is an experienced editor, ...

Financial statements comprise three important written records: the cash flow statement, the income statement and the balance sheet. Companies furnish financial statements to provide information on ...

Analyzing financial statements helps company leaders determine the opportunities and problems the company faces financially. At its core, the financial statement is a pulse of the financial health of ...