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Financial Statement

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Financial Statement - definition(s)

Financial Statement - A written report that quantitatively summarizes the financial status of an organization for a stated period of time. It includes an income statement and balance sheet that describes the flow of resources, profit or loss, and the distribution or retention of profits.  Financial data flows through IT systems to end up on a financial statement.

[Category=Data Governance ]

Source: The Data Governance Institute, 07 December 2009 09:05:18, External

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