Financial Report Template
1 min readA financial report (A financial Statement or report template for a balance sheet) is a record of the financial activities of a business or other entity. A financial statement is meant to present the financial information of the business entity in question as clearly & concisely as possible for the both business & the reader. The financial report shows the record of transactions made during a year by the company. The financial report includes the balance sheet, income statement, and statement of cash flows. The financial report should be reliable, relevant, and comparable. The users of the financial report are investors, shareholders, employees, owners, and managers. A financial report may be required when the company has the intention of taking a loan from the bank. The components of the financial reports are assets, liabilities, income, and expenses. The audit is only possible when the entity has its all financial reports. The financial report can include information on debt, ongoing concerns,s, and accounts.
Financial Statements are often Audited by Government Agencies, accountants, Firms, etc. to ensure their accuracy & for tax, Financing, and Investing purposes. Financial Statements are integral to ensuring accurate & honest accounting for businesses and individuals alike. Given below are three sample templates for financial reports that are commonly used in organizations, companies, firms, banks, and other financial institutions.
The Financial Statement for the Business usually includes the following reports,
Balance Sheet Report Template:
