financial statement

financial statement
A report of basic accounting data that helps investors understand a firm's financial history and activities. Bloomberg Financial Dictionary

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financial statement financial statement statement

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financial statement UK US noun [C]
ACCOUNTING a report provided by a company for its shareholders and investors that shows details of its financial situation, and includes documents such as the profit and loss account and balance sheet: prepare/publish a financial statement »

There are various procedures that must be followed when preparing financial statements.

audit/approve a financial statement »

The interim financial statement was approved by the board of directors at their meeting last week.

annual/quarterly/year-end, etc. financial statement »

The company's annual financial statement reported plans to spend up to $120 million on improvements.


Financial and business terms. 2012.

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