# Financial Statement

**IRI:** https://folio.openlegalstandard.org/RDOWSerdWZR3POAsYxgxlDw

## Labels

**Alternative Labels:**

- Accounting Statement
- Financial Disclosure Document
- Financial Record
- Financial Report

## Definition

A Financial Statement is a formal record of the financial activities and position of a business, organization, or individual, typically presented in structured manner for a specific time period. Common types of financial statements include income statements, balance sheets, and cash flow statements.

## Sub Class Of

- https://folio.openlegalstandard.org/RmCERXtzdqIJcW9mdbk0Bb

**Deprecated:** False