These statements serve a variety of purposes and are created for a range of readers, including managers, investors and lenders. The layout and makeup of small-business financial statements is ...

A profit and loss account (P&L) template ... A P&L statement is usually prepared annually and shows revenues and costs and how much profit has been made over the period. “This timeframe provides a ...

A business financial statement is a document that provides an overview of a business's performance in a specific area, explains Inc. magazine. The three important financial documents ...