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The financial statements of Company are formal annual reports through which firm disseminates its financial information to various stakeholders like owners, investors, tax authorities, employees etc. There are three types of financial statements: Balance Sheet, Profit and Loss statement, Cash flow statement. There are some basic accounting principles followed for Preparation of Financial Statement In this video, you will be going to understand: Financial Statements Objectives of Financial Statements Types of Financial Statements Functions of Financial Statements 6 Accounting Principles and Concepts Read about Financial Statements at https://www.papertyari.com/finance/fi... Join our Telegram Channel: http://t.me/crackjaiibcaiib Follow JAIIB Page: https://www.papertyari.com/jaiib/ Follow SEBI Grade A Course: https://www.papertyari.com/sebi-grade-a/ Follow NABARD Grade A Course:https://www.papertyari.com/nabard-gra... Facebook: / papertyari Twitter: / papertyari Instagram: / papertyari Watch our other videos: Financial System: • Financial System Explained | Indian Financ... Regulators of Banks and Financial Institutions in India: • Regulators of Banks and Financial Institut... Functions of RBI: • Functions of RBI | Functions of Reserve Ba... What is Monetary Policy: • Monetary Policy Instruments | Monetary Pol... Monetary Policy Committee: • Monetary Policy Committee (MPC) | Monetary... Functions of SIDBI: • SIDBI Functions Explained | Small Industri... School vector created by macrovector - https://www.freepik.com/free-photos-v... This video also covers the financial statements for class 11th. #SEBI2025 #rbigradeb2025 #FinancialManagement