Developing Statements 

Financial Statements – University of Maine Extension -- Financial statements usually include the balance sheet, income statement (sometimes called a profit or loss statement) and the cash flow statement. They are prepared from business records at the end of each accounting period, but they can also be done on a monthly or quarterly basis. Annual accounting periods usually represent a fiscal year or a tax year.

The Essential Financial Tools for Running a Firm – University of Florida Extension -- The paper is intended to provide the owner of an agricultural firm with the essential financial tools for running the business.

Developing a Set of Financial Statements – Small Business Notes -- To develop a set of financial statements, you have to start with a plan for how you will organize the information.

Basic Rules for Financials – CCH business Owner’s Toolkit -- Before we launch into a discussion of the nuances of financial statements, you need to accept the fact that there are rules to putting these statements together.

Accounting Procedures – CCH Business Owner’s Toolkit – A major cause of distortions in the picture presented by financial statements and ratio analysis of the items in the statements is the different accounting procedures that may be used in arriving at the figures presented in the income statement and balance sheet.

Other Statements

Statement of Changes in Financial Position – CCH Business Owner’s Toolkit – This statement helps to explain how your company acquired its money and how it was spent.

Statement of Changes in Equity – CCH Business Owner’s Toolkit -- This type of financial statement is used to bridge the gap between the amount of equity the owners have in the business at the beginning of the accounting period and the amount of their equity at the end of the period.

Common Size Financial Statements – CCH Business Owner’s Toolkit -- An easy way to spot trends in your balance sheet and income statement data from a number of years, or to compare your information with that of another company or industry group, is to use "common size" financial statements.