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As you have not mentioned clearly about the financial statement i.e. If you want to know what is different in financial statement or what is in the financial statement therefore I will try to provide maximum information about the financial statements. Financial statements are the statements prepared by listed companies and aim to provide financial position of the company. It consists of four main statements i.e. 1) Income statement 2) Balance sheet 3) Statement of Cash flows and 4) statement of stockholder's equity. Income statement provides complete information about the financial performance of the firm for the whole year. It helps to explain whether the company is profitable or not. Balance sheet gives a complete picture of the assets and liabilities of the firm. It tells about the current financial position of the firm. Cash flows give a complete presentation about the cash inflow and outflow from operations, investing activities and financing activities. Stockholder's equity provides information about the shares outstanding and other relevant information. Hence financial statements provide comprehensive information about the company and are helpful for all of its stakeholders.
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