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Dictionary by pitch.dog
Financial statements & accounting records · Working

Standalone financial statements

Also called: separate financial statements

ELI5

Financial statements for one legal entity rather than a consolidated group.

Used in conversation

“Do not describe standalone financial statements as agreed until the operative document says so.”

Pitch context

You will see “Standalone 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.