Today we're going to discuss about financial statements what they are how to read them and how to actually get value from them for making real business decisions let's start with the definition financial statements are reports that summarize important financial information about your business there are three main types of financial statements the balance sheet income statement and cash flow statement we’ll look at what each of these three statements do and how they work together to give you a full picture of your company’s financial health. how to read a balancesheet: When it comes to understanding a business, few financial statements are more important than the Balance Sheet . It offers critical insight in to a company's financial health. It can be used by investors when deciding whether to provide funding, executives when crafting strategy, and employees when working toward organizational goals. The balance sheet is often organized according to the accounting equation,...