What are consolidating financial statements

Typically, a company lists its assets on the left side of the balance sheet and its debts and liabilities on the right.

At the bottom of the income statement, a total of the amount earned or lost is included.

Often, income statements provide a record of revenue over a year’s time.

Cash-flow statements provide a look at the movement of cash in and out of a company.

Financial Statements represent a formal record of the financial activities of an entity.

These are written reports that quantify the financial strength, performance and liquidity of a company.

Last modified 07-Dec-2014 00:34