FINANCIAL STATEMENTS

Domain	Definition
Business	A collective term for the balance sheet, profit and loss account and integral notes. Source: European Union. (references)
Finance	Reports that summarize a firm's accounting data and indicate its financial condition. The four basic financial statements are: the balance sheet, income statement, statement of retained earnings, and statement of changes in financial position. (references)
Source: compiled by the editor from various references; see credits.

Specialty Definition: Financial statements

In the modern capitalist system, most governments require publicly-traded companies to issue a set of documents each year called financial statements or financial reports. This set most often consists of the "balance sheet", the "income statement", the "statement of retained earnings", and the "statement of cash flows", in addition to supplementary notes and management discussion. In the United States, publicly-traded companies are required to prepare based on generally accepted accounting principles.

Each statement presents financial data relating to a company's current financial health, business results for the previous period, and other indicators that are used by prospective investors to consider purchasing the company's stock.

To entice new investors, most American companies assemble their financial statements on fine paper with pleasing graphics and photos, attempting to capture the excitement and culture of the organization in a "marketing brochure" of sorts.

Financial statements must be carefully inspected and certified by independent auditors to avoid misleading information and fraudulent financial presentation, as required by law.

More information on the role of financial statements in business can be found at corporate finance, accounting, and auditing.

Commercial Usage: FINANCIAL STATEMENTS

Domain	Title
Books	Financial Report and Audited Financial Statements for the Biennium Ended 31 December 1985 and Report of the Board of Auditors: General Assembly, Off (reference) General Assembly: Official Records 41st Session. Supplement No. 5B United Nations Children's Fund-Financial Report and Audited Financial Statements (reference) United Nations Financial Report and Audited Financial Statements For... (General Assembly Official Records: 39th Session, Supplement No. 5) (reference) Capitalization of Interest Cost in Financial Statements That Include Investments Accounted for by the Equity Method: An Amendment of Fasb Statement No. 34 (reference) Special report of the Auditor-General on outstanding financial statements, arrear audit reports, and undisposed matters of local governments in the Gauteng Province (reference) (more book examples)

Periodicals	National Bank Of Canada - Financial Statements (reference) (more periodical examples)

Theater & Movies	Business Buffet-Taking the Fear out of Finance: How to Read Financial Statements (reference) (more DVD examples; more video examples)
Source: compiled by the editor from various references; see credits.

Image Slideshow: FINANCIAL STATEMENTS

Non-Fiction Usage: FINANCIAL STATEMENTS

Subject	Topic	Quote
Business		Despite its official retirement, the SIC system is still commonly used (and often reported in firm's financial statements). (references)
Civil Liberties	Argentina	On July 17, the Civil and Commercial Federal Chamber dismissed Judge Claudio Bonadio's charges of "violation of confidentiality" against journalist Marcelo Bonelli, who had published information in June 2000 about irregularities in financial statements made by a government official, Victor Alderete. (references)
Economic History	Sri Lanka	It detected minor deficiencies in about 45 percent of the financial statements. (references)
	Sri Lanka	The board found major deficiencies in financial statements of about six companies. (references)
Human Rights	Thailand	Wira had been investigating corruption charges against then-Deputy Prime Minister Sanan Khrachonprasat, who was forced to resign after the Commission found that he had falsified financial statements. (references)
Trade	Brazil	Such information includes financial statements and credit references. (references)
	Lebanon	Bank financial statements are in compliance with international accounting standards. (references)
Source: compiled by the editor from ICON Group International, Inc.; see credits.

Speeches: FINANCIAL STATEMENTS

Expressions: FINANCIAL STATEMENTS

Modern Translation: FINANCIAL STATEMENTS

Language		Translations for "FINANCIAL STATEMENTS"; alternative meanings/domain in parentheses.
Danish		regnskaber (annual accounts), årsregnskab (annual accounts). (various references)

Dutch		financiële verslagen (annual accounts), financiële rekeningen (annual accounts), jaarverslag (annual accounts), jaarstukken (annual accounts), jaarrekening (annual accounts), jaaroverzicht (annual accounts). (various references)

Finnish		tilinpäätöstiedot (annual accounts), tilinpäätös (balance sheet, closing of the books). (various references)

French		documents de synthèse, documents comptables annuels, comptes annuels. (various references)

German		Finanzlage (financial state), Finanzausweise (annual accounts), Jahresabschluss (annual accounts, annual financial statement). (various references)

Greek		χρηματοοικονομικές καταστάσεις (annual accounts), ετήσιοι λογαριασμοί (annual accounts), οικονομικέσ καταστάσεισ. (various references)

Italian		rendiconti finanziari (annual accounts), documenti contabili annuali (annual accounts). (various references)

Japanese Kanji		財務諸表 . (various references)

Japanese Katakana		ざいむしょひょう. (various references)

Pig Latin		inancialfay atementsstay.(various references)

Portuguese		demonstrações financeiras (annual accounts). (various references)

Russian		финансовый отчет (financial statement). (various references)

Spanish		propuestos financiales. (various references)

Swedish		bokslut (balance sheet, balancing of the books, final accounts), årsredovisning (annual accounts). (various references)
Source: compiled by the editor from various translation references.

Anagrams: FINANCIAL STATEMENTS

Scrabble® Enable2K-Verified Anagrams
	Words within the letters "a-a-a-c-e-e-f-i-i-l-m-n-n-n-s-s-t-t-t"
	-4 letters: antisentimental.
	-5 letters: sentimentalist.
Source: compiled by the editor from various references; see credits. SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro.

Speaker	Term	Phrase(s)
Bill Clinton	1993-2001	We've also taken the first steps to protect the privacy of bank and credit card records and other financial statements.
Source: compiled by the editor from various references.

Expressions using "FINANCIAL STATEMENTS": combined financial statements ♦ consolidated financial statements ♦ limited review of financial statements ♦ local form financial statements ♦ notes to the financial statements ♦ yearly audit of financial statements. Additional references.
Source: compiled by the editor from various references; see credits.

FINANCIAL STATEMENTS

Specialty Definition: FINANCIAL STATEMENTS

Specialty Definition: Financial statements

Synonyms: FINANCIAL STATEMENTS

Crosswords: FINANCIAL STATEMENTS

Commercial Usage: FINANCIAL STATEMENTS

Books

Periodicals

Theater & Movies

Image Slideshow: FINANCIAL STATEMENTS

Illustrations:FINANCIAL STATEMENTS

Non-Fiction Usage: FINANCIAL STATEMENTS

Speeches: FINANCIAL STATEMENTS

Bill Clinton

Expressions: FINANCIAL STATEMENTS

Modern Translation: FINANCIAL STATEMENTS

Danish

Dutch

Finnish

French

German

Greek

Italian

Japanese Kanji

Japanese Katakana

Pig Latin

Portuguese

Russian

Spanish

Swedish

Anagrams: FINANCIAL STATEMENTS

Scrabble® Enable2K-Verified Anagrams

INDEX

Illustrations:
FINANCIAL STATEMENTS