FINANCIAL

STATEMENTS

PRESENTED BY :
FAWEZ AOUEDI
ONS MNASRI
PLAN INTRODUCTION

What are the financial statements

and what do each of them ?

Objectives and purposes of financial

statements
Users of financial statements

Importance of financial statements

CONCLUSION
INTRODUCTION
The Financial Statements are a group of
reports that tell a company's financial status
at a certain point in time. From company
owners to potential investors and everyone in
between, the fan base of the Financial
Statements is far and wide. Everybody is
interested in them.
Some people are interested in Financial
Statements because they want to know how
much money they made. Some are interested
in them because they want to know how
much money they spent. Some are interested
in them because they want to know how
much money was reinvested in the company.
Some just want to know whether or not they
should invest themselves
WHAT ARE THE
FINANCIAL
STATEMENTS
AND WHAT DO EACH OF
THEM ?
FINANCIAL STATEMENTS ARE A SET OF DOCUMENTS
SHOWING A COMPANY’S CURRENT FINANCIAL STATUS.
SPECIFICALLY, THESE STATEMENTS INDICATE:

Income Statement Balance Sheet Statement of Cash Flows

 .
how much money is being made and spent in a given time period—
shown on the income statement
what the company owns and how much it owes—shown on the
balance sheet
where money came from and where it went—shown in the cash flow
statement (also called the statement of changes in financial position)
https://www.slideshare.net/evenanerd/understanding-financial-statement s
OBJECTIVES AND
PURPOSES OF
FINANCIAL
STATEMENTS
 the main objectives of financial statements :
Provides financial data on economic resources and
obligations

Reveal implications of operating profit on the financial

position

Provide sufficient and reliable information to various

parties

Present true and fair view of the business

To serve as the basis of future operations

Financial statements can be used in the analysis of the firm for
the following purposes:

To assess the liquidity position of the firm.

To assess the operating efficiency of the firm.
To assess the profitability of the business.
To determine the importance of different components of the
financial position of the firm.
To identify the reasons for the change in the financial position of
the business.
USERS OF
FINANCIAL
STATEMENTS
Internal Users
Managers
Owners
Internal Auditors External Users
Employees and Banks and financia
workers institutions
Investors
Creditors
Government
Lenders
Customers
IMPORTANCE OF
FINANCIAL
STATEMENTS
Financial Statements are very important as
it accurately reflects business performance
and financial position of the company.
Additionally, it helps all stakeholders
including management, investors, financial
analyst etc to evaluate and take suitable
economic decisions by comparing past and
current performance and therefore predict
future performance and growth of the
company.
CONCLUSION
Thha
annk
k
T
y
yoou
u!!