2007-08-08 21:25:04 · 4 answers · asked by zia 1 in Business & Finance ➔ Careers & Employment ➔ Financial Services
Quite often the "statements" refer to the official auditors' version that the shareholders see (the balance sheet, income statement, statement of retained earnings, and statement of changes in financial position)..
http://www.investordictionary.com/definition/financial+statements.aspx
The "reports" are many times the "statements" that potential lenders want to see before giving the company a loan.
http://www.investordictionary.com/definition/financial+reports.aspx
2007-08-11 17:57:52 · answer #1 · answered by Alletery 6 · 0⤊ 0⤋
A financial statement is a summary of your finances. A financial report is more detailed. It probably displays all transactions amounts types and debits and credits.
2007-08-08 21:29:00 · answer #2 · answered by cjs23navy 3 · 0⤊ 0⤋
Well they have the same content only that the report is more detailed and a statement is just a summary of the report.
2007-08-09 00:32:58 · answer #3 · answered by uj 4 · 0⤊ 0⤋
no
2007-08-08 21:32:16 · answer #4 · answered by Rana 7 · 0⤊ 0⤋