A report of basic accounting data that helps investors understand a firm's financial history and activities. Bloomberg Financial Dictionary
* * *
* * *
financial statement UK US noun [C]
► ACCOUNTING a report provided by a company for its shareholders and investors that shows details of its financial situation, and includes documents such as the profit and loss account and balance sheet: prepare/publish a financial statement »
There are various procedures that must be followed when preparing financial statements.
audit/approve a financial statement »The interim financial statement was approved by the board of directors at their meeting last week.
annual/quarterly/year-end, etc. financial statement »The company's annual financial statement reported plans to spend up to $120 million on improvements.
Financial and business terms. 2012.