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financial statement

NOUN
  1. a document showing credits and debits

How To Use financial statement In A Sentence

  • Vertical analysis shows the relationship of each item in a financial statement to its total assets on the balance sheet and net sales on the income statement.
  • They generally did not have a high opinion of the quality of audited financial statements issued by the balance of Bulgarian companies.
  • Almed with this information, one is prepared to undertake a serious examination of a complete set of financial statements.
  • For instance, Work Recovery has yet to file its audited financial statements for the fiscal year ended June 30, 1995.
  • It would be necessary to make full disclosure of the arrangement in the financial statements.
  • The minority shareholders' interests presented in the comparative financial statements of the previous year shall be listed under the category of the owner's equities according to these Standards.
  • CEOs or other officers should not be allowed to profit from erroneous financial statements.
  • How should the associated company be treated in the parent's consolidated financial statements?
  • Audited financials prepared by independent accountant: Audited financial statements provide important information about financial accountability and accuracy.
  • The thrifts were looted by borrowers, who used inflated appraisals and phony financial statements to obtain funds they had no hope of paying back.
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