Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

Financial statements include a balance sheet and an income statement, commonly referred to as a profit and loss statement. The balance sheet presents a company's assets, liabilities and equity as of a ...

For most small-business owners, analyzing financial statements might seem overwhelming. While many business owners might outsource the creation of financial statements to an accountant, learning to ...