Company Financial Statements: Basic Information

A brochure by the SEC that provides a brief explanation of each financial statement and its major components.

IBM's guide to financials provides basic information on how to read financial statements in a company's annual report. It discusses key numbers in each of the statements common to all annual reports and offers suggestions from experienced investors on making sense of these numbers.

This article briefly discusses the five major principles considered when preparing financial statements--the cost principle, the full disclosure principle, the going concern principle, the matching principle and the revenue recognition principle.

Compilations are the most basic financial statement assurance service offered by auditors, and they provide business owners with a basic inspection of an organization’s data.

This informational article discusses the preparation of other comprehensive basis of accounting (OCBOA) financial statements, which are commonly used in small businesses.

Although convergence is still being considered, this publication from PwC will help guide U.S. companies as they begin to prepare for their first IFRS financial statements.

Chapter 4 of the accounting textbook "Financial Accounting" by Larry M. Walther discusses the steps in preparing financial statements, including the adjustment process and the worksheet approach. There is also a related video lecture below.

IBM's guide explains the basic purpose and anatomy of an annual report.