You can determine your net worth by subtracting your liabilities from your total assets. It also shows you the values of your net worth. ![]() This is also known as the Statement of Financial Performance as it allows you to evaluate and measure your financial performance from one period to another.Īlso called the Statement of Financial Position, this statement shows you the balance of your liabilities, assets, and equity by the end of a certain time period. This is the most well-known type of statement that contains your financial information for a specified period of time – expenses, revenues, and loss or profit. Before making a financial report template of your own, determine what type you need first: ![]() Generally speaking, a financial statement template comes in different types. What are the types of financial statements? ![]() Financial statement template 20 (206.00 KB)
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