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Financial Statement Template

A financial statement template is a formal document that outlines the financial activities and position of a business, individual or any other entity. Usually these statements are big players in the world of accounting and quantify the financial strength, performance or liquidity of an organization. These statements are used to reflect the financial effects of a business transactions and activities on the entity or individual. Generally the financial reports are prepared by the company’s managers to represent the financial performance and position at a point in time. These documents are the basic source of financial information for most decision makers.

The statement shows how an organization has used the funds entrusted to it by its stakeholders and lenders. Generally there are three basic types of financial statements such as balance sheet, income statement and cash flow statement. An organization or an individual is interested in financial statements because they want to know how much money they spent and how much money they made over a certain time period. Nowadays financial statements are number one band in accounting because of their popularity they are effectual to different groups of people. Usually a one group is influenced by the financial statements are business owners and other group of people is investors.

Financial Statement Template

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Posted in S, Statement Templates

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