FINANCIAL STATEMENT

By SovConn | January 23, 2016

financial statement. 1. A balance sheet, income statement, or annual report that summarizes

an individual’s or organization’s financial condition on a specified date or for a specified period by

reporting assets and liabilities. — Also termed financial report. Cf. FINANCING STATEMENT.

certified financial statement.A financial statement examined and reported by an independent

public or certified public accountant. SEC Rule 12b-2 (17 CFR § 240.12b-2).

consolidated financial statement.The financial report of a company and all its subsidiaries

combined as if they were a single entity.

2.INCOME-AND-EXPENSE DECLARATION.[Blacks Law 8th]