Financial Report Law and Legal Definition
Financial report or financial statement is a formal record of the financial activities of a business, person, or other entity. Financial report typically includes four basic financial statements: balance sheet, income statement, statement of retained earnings and statement of cash flows. The objective of financial statements is to provide information about the financial position, performance and changes in financial position of an enterprise that is useful to a wide range of users in making economic decisions.
Legal Definition list
Related Legal Terms
- Academy of Financial Divorce Practitioners
- Adoption and Foster Care Analysis and Reporting System (AFCARS)
- After-Action Report
- Annual Report Form 5500
- Annual Report on Advancing Freedom and Democracy
- Annual Reports
- Annual Statutory Financial Statement [Agriculture]
- Appropriate Federal Financial Supervisory Agency [Banks & Banking]
- Appropriate Financial Regulator [Banks & Banking]
- Arrest Report
