Free Download 10 BEST Financial Report Templates [DOC & EXCEL]

A financial statement represents a formal record of the financial activities of a business entity over a particular period of time, usually a fiscal year. It is a written report that calibrates the financial strength, output, as well as liquidity of a business or company. It also mirrors the financial effects of business transactions and commercial events on the firm. It typically consists of four components, including income statement, balance sheet, cash flow statement, and statement of changes in equity, which is also known as the statement of retained earnings. Creating such a statement now has become quite easy by making use of a financial report template.

A financial report which is also named as the financial statement is a set of documents that is usually created by government agencies at the end of each accounting period. It generally includes a summary of accounting data for the whole year, along with background notes, forms, and other necessary information as well. Besides, it is standard practice for businesses and companies to present their financial statements that comply with basically accepted accounting principles in order to manage the consistency of information and their presentation over international boundaries. Since it is a regular practice for every business, it not only determines net income or loss, but also determines at what pace the business is running, and what changes require to take place in order to boost their productivity.

Additionally, financial statements are audited by government agencies, accountants, auditors of firms, etc, to assure accuracy, and for financing, tax or investing aims. Accountants totally depend on data to analyze the performance of a company and forecast the future run of a company’s stock price rate. Use our financial report templates to analyze the yearly productivity of your business and take steps accordingly. Select any of these financial report templates and begin to create reports.