Financial statements are reports businesses compile to record the ... Inflation: Financial statements do not account for inflation, and assets/liabilities are often recorded at historical costs.

Here's a step-by-step guide on how to read and analyze an annual report: The information in financial statements is among ... An aggressive accountant can do plenty of things to manipulate ...

This report shows the exact amount of assets ... ROE uses information from both the income statement and balance sheet. What Do Financial Statements Tell You? A company's financial statements ...