Comparative statements are financial reports that compare a given financial statement with either a prior time period or another company. Comparative statements add two critical dimensions to the ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. A comparative statement is a financial ...
A cash flow statement is used to itemize a company's cash inflows and outflows from operating, investing and financing activities. It explains why the company's cash balance increased or decreased ...