It is one of three major financial statements used to evaluate the health of a company with the balance sheet and cash flow statement. The income statement, sometimes referred to simply as the ...

Getty Images / Pekic A company's financial statements—balance sheet, income, and cash flow statements ... experts to perform a financial statement analysis. Today, there are numerous sources ...

along with an income statement and a statement of cash flows. Because it uses archival data, a balance sheet only presents a snapshot of a company's financial situation. While it's a critical tool ...

A written report of the financial condition of a firm. Financial statements include the balance sheet, income statement, statement of changes in net worth and statement of cash flow. The first ...

A financial statement that lists the assets ... Accounts receivable is the income derived from credit accounts. For the balance sheet, it's the total amount of income to be received that's ...