IntroductiontoFinancialStatements(EnglishVersion)Financialstatementsareformalrecordsthatpresentthefinancialactivitiesandpositionofabusiness,organization,orindividual.Theyprovideastructuredoverviewoffinancialperformance,liquidity,andsolvency,enablingstakeholderstomakeinformeddecisions.Theprimaryfinancialstatementsinclude:1.**BalanceSheet(StatementofFinancialPosition):**Showsassets,liabilities,andequityataspecificpointintime.2.**IncomeStatement(Profit&LossStatement):**Reportsrevenues,expenses,andprofits/lossesoveraperiod.3.**CashFlowStatement:**Detailscashinflowsandoutflowsfromoperating,investing,andfinancingactivities.4.**StatementofChangesinEquity:**Summarizesequitymovementsduringthereportingperiod.Thesestatementsadheretoaccountingstandards(e.g.,GAAPorIFRS)toensureconsistencyandcomparability.Theyareessentialforinvestors,creditors,regulators,andmanagementtoassessfinancialhealthandoperationalefficiency.Forfurtherdetails,refertotheaccompanyingnotesandauditor’sreport(ifapplicable).
