| gen. |
corporate financial statements (The corporate financial statements are the financial reports or formal record of the financial and business activities of a firm. The corporate financial statements actually give a summary of the financial condition and profitability of the firm in both long and short term. The corporate financial statements are generally complex in nature as they contain analysis and discussion on the management decisions and financial statement notes. The financial statement notes define each and every item in the balance sheet besides describing cash flow statement and income statement in details. The four basic types of corporate financial statements are: Income statement Balance sheet Statement of cash flows Statement of retained earnings Alexander Demidov) |
