An income statement represents a period of time (as does the cash flow statement). This contrasts with the balance sheet, which represents a single moment in time. Charitable organizations that are required to publish financial statements do not produce an income statement.
Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.
Use a statement of financial performance template to summarize revenue, expenses, and profit for a period. Learn what to include, how to format it, and how it connects to the balance sheet and cash flow statement.
In this Handbook, we pull together many of the general requirements and practices to provide you with a fuller picture of how the different financial statements are constructed and how they interact with one another.
Download free financial statements for your business including balance sheets, income statements, profit and loss statements, budgets, and break even analysis templates.
This can be very useful when performing financial modeling and you are adjusting time periods. This is a step by step guide on how to have Excel Add Months to Date. For example, if you want to have a monthly financial model, you can add one month to the start date.
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:max_bytes(150000):strip_icc()/ScreenShot2022-04-26at10.39.54AM-4a117e7e494c422ca6480746c97612a8.png "Financial Statements: List of Types and How to Read Them (2026)")
