All-purpose financial statement

An all-purpose financial statement contains sufficient information to be of use to all potential users of the information. The range of potential users may be quite broad, encompassing shareholders, debt holders, employees, outside financial analysts, customers, suppliers, and potential investors. A prime example of an all-purpose financial statement is the annual report, which provides more information than a typical set of periodic financial statements.

Related Courses

Investor Relations Guidebook 
Public Company Accounting and Finance