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Financial statements & accounting records · Core

Financial statements

Also called: accounts

ELI5

Formal reports describing an organisation's financial position, performance and cash flows for a period or date.

Used in conversation

“Attach the latest financial statements to the decision pack before the meeting.”

Pitch context

You will see “Financial statements” in financial models, budgets, board packs and investor materials when the discussion reaches financial statements & accounting records.

Why it matters: It helps a reader interpret financial statements & accounting records without confusing the measure, decision, role or evidence being discussed.

When the words have to travel

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Sources & evidence · 4

Direct term-level sources and supporting source families.