Financial report
Financial reports are written records that convey the business activities and the financial performance of a company.
The balance sheet provides an overview of assets, liabilities, and stockholders' equity as a snapshot in time.
The income statement primarily focuses on a company’s revenues and expenses during a particular period. Once expenses are subtracted from revenues, the statement produces a company's profit figure called net income.

The cash flow statement (CFS) measures how well a company generates cash to pay its debt obligations, fund its operating expenses, and fund investments.

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Financial reports are written records that convey the business activities and the financial performance of a company. Financial statements are often audited by government agencies, accountants, companies, etc. to ensure accuracy and for tax, financing, or investing purposes.
Financial reports include:
- Balance sheet
- Income statement
- Cash flow statement.
Investors and financial analysts rely on financial data to analyze the performance of a
company and make predictions about its future direction of the company's stock price. One of the most important resources of reliable and audited financial data is the annual report, which contains the firm's financial reports.

The financial reports are used by investors, market analysts, and creditors to evaluate a
company's financial health and earnings potential. The three major financial statement
reports are the balance sheet, income statement, and statement of cash flows.
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