Reading financial statements

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Comparative Financial Statements, as the word suggests, are the statements that show the financial numbers of more than one year (consecutive periods) of an entity. Moreover, such a type of presentation allows the reader to compare the financial performance of the company with previous years. Generally, a company‘s comparative statements show the results of the most recent three years. Reading Financial Statements, Cfo Finance, Accounting Concepts, Ratio Analysis, Accounting Classes, Financial Statement Analysis, Accounting Basics, Accounting Books, Accounting Student

Comparative Financial Statements, as the word suggests, are the statements that show the financial numbers of more than one year (consecutive periods) of an entity. Moreover, such a type of presentation allows the reader to compare the financial performance of the company with previous years. Generally, a company‘s comparative statements show the results of the most recent three years.

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