Financial Reports Definition
Reports commonly required from applicants request for financial assistance, e.g.:
- Balance Sheet - A report of the status of a firm's assets, liabilities and owner's equity at a given time.
- Income Statement - A report of revenue and expense which shows the results of business operations or net income for a specified period of time.
- Cash Flow - A report which analyzes the actual or projected source and disposition of cash during a past or future accounting period.