Google, like any other large corporation, structures its financial statements according to the standard model which includes the balance sheet, the income statement, and the cash flow statement. The balance sheet provides a snapshot of the company's assets, liabilities, and shareholders' equity at a specific point in time. The income statement shows the company's revenues, costs, and expenses over a period of time, providing information about the company's profitability. The cash flow statement shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing, and financing activities. Any number that is to be subtracted is usually enclosed by parentheses. These statements are typically formatted to include a title that identifies the statement, the name of the company, and the period of time the statement covers.
How to clearly show the performance of your organization with numbers? The three financial statement...
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