Financial Statements
The three main financial statements: • Income Statement • Balance Sheet • Statement of Cash Flows They are used by: • Management and Board of Directors • Lenders
“We all remember Cuba Gooding Jr.’s immortal line from the movie Jerry Maguire, “Show me the money!” Well, that’s what financial statements do. They show you the money. They show you where a company’s money came from, where it went, and where it is now.”
From the US Security and Exchange
Commission’s “Beginners Guide to Financial Statements”
• Creditors • Investors
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THE PRINCIPALS ACADEMY 2022
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