Financial Reporting

The income statement presents a company's revenue after the deduction of all expenses.

The balance sheet presents the assets, liabilities, and shareholder equity of the business.  

The profit and loss statement records both expenses and income, so a business has an idea of whether they are incurring losses or making a profit.

The statement of retained earnings delineates the allocation of profits between dividends and retained earnings.

The statement of equity, or shareholder's equity statement, is a financial report detailing changes in a company's equity over time.  

The cash flow statement delineates the variations in a business's cash balance, providing an account of cash inflows and outflows. This document assists clients in comprehending the short-term and long-term financial trajectory of their business.