Financial Statements

Overview


A company's financial statements summarize the information in the company's books. They consist of the following four statements.

  • Income Statement
  • Retained Earnings
  • Balance Sheet
  • Statement of Cash Flows


Financial statements were required to be filed with the Securities and Exchange Commission (SEC) by United States shortly after the start of the Great Depression. (see Securities Law.)

Financial Statement Analysis


  • Financial Statement Analysis is a type of analysis that uses a company's financial statements to provide the data for the analysis.
  • Analyzing Bank Financial Statements is somewhat different from those of non-financial companies.