Financial Statement

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Related to Financial reports: Annual reports, Financial statements

Financial Statement

Any report summarizing the financial condition or financial results of a person or an organization on any date or for any period. Financial statements include the balance sheet and the income statement and sometimes the statement of changes in financial position.

See: account

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Financial reports should demonstrate compliance with legal provisions and that finances were properly administered.

Historical development of the financial reporting model for state and local governments in the United States from late 1800s to 1999

Financial reports reflect the company management's performance and there always will be a basic incentive for management to report favorable results.

Financial reporting: recommendations from the Committee on the Future of California's Professional Accountants

For all annual financial reports produced after June 15, 2004, management is required to include an assessment of internal controls and procedures for producing financial reporting information.

A silver lining: Sarbanes-Oxley compliance may reveal hidden dividends for insurers

companies listed on Nasdaq and 16 percent listed on the New York Stock Exchange have no research coverage, according to a Thomson Financial report.

What's in it for me? XBRL revolutionizing business reporting

An XBRL-compliant "taxonomy" for tagging the content of a given financial report.

Tap into XBRL's power the easy way: the Microsoft Office Tool for XBRL benefits all financial reporting participants

There's nothing funny about relying on financial reports whose earnings have been managed.

Earnings management and the abuse of materiality

This year, as in the past, the combined federal agencies' financial report was delivered on time, fraught with serious deficiencies.

Federal financial reports improved but far from perfect

I'm the accounting manager of a small public company One of my responsibilities is to provide management with monthly financial reports.

Financial reports in a snap

The investigations have indicated the possibility of misstatements in prior period financial reports including issues relating to accruals, reserves and other balance sheet items.

Fitch Places Dell's Ratings on Rating Watch Negative

34 so that their financial reports would be more useful and understandable," said GASB project manager Joseph Blythe.

GASB reporting guidance expanded to colleges and universities

RateFinancials does not speak with company management, as the firm believes the financial reports must speak for themselves.

RateFinancials Assigns 'Poor' Rating to Circuit City's Financials and Questions Timing of Executive Option Awards

Although Web-based financial reports seem to shed immediate light on public companies' activities and performance, investors should make sure they not only know what they're looking at, but also see all they should.