All-Purpose Financial Statement

AAA

DEFINITION of 'All-Purpose Financial Statement'

A record of financial activity that is suitable for a variety of users to properly assess the financial health of a company. An all-purpose financial statement is a type of financial statement that is intended for review by diverse groups, such as potential investors, creditors, employees, shareholders and suppliers.

INVESTOPEDIA EXPLAINS 'All-Purpose Financial Statement'

All-purpose financial statements include the balance sheet, income statement, cash flow statement and could include the statement of retained earnings. A public company produces all-purpose financial statements on a quarterly and annual basis.

RELATED TERMS
  1. Financial Statements

    Records that outline the financial activities of a business, ...
  2. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to ...
  3. Accounts Receivable - AR

    Money owed by customers (individuals or corporations) to another ...
  4. Balance Sheet

    A financial statement that summarizes a company's assets, liabilities ...
  5. Current Liabilities

    A company's debts or obligations that are due within one year. ...
  6. Best's Capital Adequacy Relativity ...

    A rating of an insurance company’s balance sheet strength. Best’s ...
Related Articles
  1. Investing Basics

    12 Things You Need To Know About Financial ...

  2. Fundamental Analysis

    Analyzing A Bank's Financial Statements

  3. Personal Finance

    Breaking Down The Balance Sheet

  4. Quality financial reports allow for effective, informative fundamental analysis.
    Investing Basics

    The Importance Of Corporate Transparency

Hot Definitions
  1. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  2. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  3. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  4. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  5. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  6. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
Trading Center