Financial Statements: Fill & Download for Free

Donald Trump is lying.Whenever Trump promises anything in the future it is always a lie - it never happens. He has done this since pre-2016 election.Whenever Trump promises anything in the future, it never happens.There is also this: who says “my financial statement will show Americans that I am much richer than people even thought"?Who says that? Why say that?A financial statement for the benefit of the American people?? Just what is that? Why? Who does that?WHO CARES “HOW RICH” TRUMP CLAIMS TO BE? What difference does that make?A financial statement is not a tax return is it?Here is what Trump actually meant: “I am thinking about telling you a big fat lie about being rich in the next short period of time.”

Our first experience with an HOA was when we moved to Colorado. The HOA was having an annual meeting, and I was curious about what they did, and wanted a look at the finances (curiosity). Hmmm. No financial statement. No briefing on finances. HOA is headed by the developer of the neighborhood (still being built out)Another resident asked (politely) about a financial statement- y’know- money in, money out- and got a furious lecture about how much things cost, and how much developer was having to fund, etc etc etc. But no statement. When he finished his tirade, asked if there were any other questions.I spoke up and said yes- state law required an annual PUBLIC financial report be published- where is it? Again the lecture began- and I stopped it- Please answer the question-IS there a public report AS REQUIRED by state law? Lecture resumed. I walked out.Notified the state agency that had oversight of refusal to provide an annual financial report. 30 days later we found out WHY no audited financial statement had been made- the chairman was arrested for embezzlement.The next folks did better. :)

Company’s overall profitability depends on company financial statements; the net income is the obvious place to start when analyzing a company’s financial statements. This bottom line dollar amount on a company's income statement is a good indicator of profitability because it puts a value on the amount a company takes in once all costs of production, depreciation, tax, interest and other expenses have been deducted. However, it should not be used exclusively when evaluating a company.Data processing is very crucial for company's financial position and it’s defined by its assets and liabilities. A company's financial position also includes shareholder equity. All this information is presented to shareholders in the balance sheet.Hence, financial statement analysis is not rocket since, but you have to spend your time trying to understand and figuring out how the main statements, such as balance-sheet, Income statement and cash flow statement work.There are two key methods for analyzing financial statements.The first method is the use of horizontal and vertical analysis. Horizontal analysis is the comparison of financial information over a series of reporting periods, while vertical analysis is the proportional analysis of a financial statement, where each line item on a financial statement is listed as a percentage of another item.The second method for analyzing financial statements is the use of many kinds of ratios. You use ratios to calculate the relative size of one number in relation to another. After you calculate a ratio, you can then compare it to the same ratio calculated for a prior period, or that is based on an industry average, to see if the company is performing in accordance with expectations.If you need any further help, feel free to ask.