Value of Financial Statements


Financial statements provide an opportunity for management to track the progress of the firm’s strategic goals. These goals are both financial and operational. There are three (3) primary financial statements that are used to provide such insight. The balance sheet and the income statement are the two (2) basic statements used in conjunction with the statement of cash flows.

For this assignment, describe each of the financial statements along with providing samples from a publicly traded company. The paper should provide a description of the different components of financial statements, as well as describe their functionality, which will describe how these financial statements are utilized in the decision-making process.

Length: 5 to 7-page paper

References: Include a minimum of 5 scholarly resources.

The completed assignment should address all of the assignment requirements, exhibit evidence of concept knowledge, and demonstrate thoughtful consideration of the content presented in the course. The writing should integrate scholarly resources, reflect academic expectations and current APA standards