financial statements
Corporate fiscal disclosures
Financial statements are formal records summarizing a company's financial activities and position.
The core documents are the balance sheet (assets, liabilities, equity), income statement (revenues and expenses), and cash flow statement.
Public companies must publish financial statements quarterly and annually.
Accountants prepare them; investors and analysts scrutinize them: The financial statements revealed declining margins.
Assets-liabilities-equity report
- profit and lossNet financial results
- ledgerFinancial record book
- bookkeepingRecording financial transactions systematically
- accrualIncremental addition over time
GAAP · depreciation · amortization · revenue · expenses · assets · liabilities · equity
Collected works or assets
- dividendsProfits paid to shareholders
- securitiesTradeable financial assets
- stocksOwnership stakes or inventory
- bondsTies that unite
shareholder · returns · growth · investment · risk · market capitalization · equity stake · annual report
Act of revealing information
- clarityState of being understandable
- accuracyDegree of correctness
- comprehensibilityClarity of meaning
- opennessQuality of being accessible
fairness · footnotes · explanatory notes · contingencies · restatement
Outside financial records examiner
- internal controlsOrganizational oversight procedures
- complianceAdhering to requirements
- verificationProving something accurate
- assuranceFirm promise or certainty
materiality · attestation · Sarbanes-Oxley · CPA · forensic accounting · due diligence · risk assessment · fraud detection
Assessment of monetary worth
- profitabilityCapacity to generate gain
- liquidityConvertibility to cash
- solvencyCapacity to pay debts
- leverageBorrowed capital for amplified returns
turnover · earnings per share · debt-to-equity · working capital · trend analysis · benchmarking · forecasting · performance metrics
balance sheet
Assets-liabilities-equity report
- profit and lossNet financial results
- ledgerFinancial record book
- bookkeepingRecording financial transactions systematically
accrual · GAAP · depreciation · amortization · revenue · expenses · assets · liabilities · equity · debit
portfolio
Collected works or assets
- dividendsProfits paid to shareholders
- securitiesTradeable financial assets
- stocksOwnership stakes or inventory
bonds · shareholder · returns · growth · investment · risk · market capitalization · equity stake · annual report · 10-K
disclosure
Act of revealing information
- clarityState of being understandable
- accuracyDegree of correctness
- comprehensibilityClarity of meaning
openness · fairness · footnotes · explanatory notes · contingencies · restatement
external auditor
Outside financial records examiner
- internal controlsOrganizational oversight procedures
- complianceAdhering to requirements
- verificationProving something accurate
assurance · materiality · attestation · Sarbanes-Oxley · CPA · forensic accounting · due diligence · risk assessment · fraud detection · opinion
valuation
Assessment of monetary worth
- profitabilityCapacity to generate gain
- liquidityConvertibility to cash
- solvencyCapacity to pay debts
leverage · turnover · earnings per share · debt-to-equity · working capital · trend analysis · benchmarking · forecasting · performance metrics
- SEC filingsprospectus, SEC filing, red herring, risk factors, executive compensation
- bankingbank, banks, ATM, ATMs, account
- financebank, CFO, banks, controller, treasurer
- financial termswealth, asset, currency, balance sheet, audit
- personal financesavings, income, credit, investments, bills
- boardroomconference table, board members, chairman, chairperson, directors
financial statementsmental accounting
Categorizing money by source
napkin math · verbal accounts · guesstimates · ballpark figures
financial statementscooked books
Fraudulently altered financial records
creative accounting · falsified records · black money · slush funds · slush fund
finance, statement, finances, financial, financing, financed, statements, nonfinancial, financials