Find Pre-Screened Financial Statements Companies

A financial statement (or financial report) is a formal record of the financial activities of a business, person, or other entity.  Usually handled and monitored by an accounting department, financial statements allow business to track factors such as profits, expenses, various payment accounts and investing activities. 

Financial statements include four very basic reports; balance sheet, income statement, statement of retained earnings and statement of cash flows.  Financial statements are used to make several kinds of purchasing, growth and investment decisions.  Depending on the size and complexity of the company financial statements can be an intricate process that takes close attention to detail.  There are several laws relating to audit procedures and accuracy or financial statements as well.