What Are Financial Statements? | Accounting

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Have you ever wondered how businesses keep track of their money? Or how investors decide whether to buy or sell stocks? Well, the answer lies in financial statements! Financial statements tell the story of a company’s financial health, what it owns, what it owes, how much money it makes, and how cash flows in and out. But whare are financial statements? what do these statements actually include? Why are they so important? In this video, we’ll break it down step by step, covering the three key financial statements: Balance Sheet, Income Statement, and Cash Flow Statement.