14 Free Financial Report Templates

Download these 14 Free Financial Report Templates in MS Word and MS Excel format to help you prepare your own Financial Report at ease and comfort.

A Financial Statement is usually written to give information about where a company stands financially. It comprises a balance sheet, an income statement and a cash flow statement. This is done to make sure that the company is in sound financial health. A board of directors, business managers, investors in the company, government agencies and, last but not least, financial analysts review financial statements to this end. There are some Financial Report Guidelines that one must follow to write a Financial Report.

A Financial Report has to be completed in time and there is no room for inaccuracy. Financial Report Guidelines also lay down that it should be clear for everyone to understand. The first thing that you need to decide before creating a Financial Report is to decide a duration for which you need it. Therefore, decide on a particular timeframe. Financial Reports may cover months, quarters or may be created annually. It depends on the company. If you are the person creating the Financial Report for your company, you should have a fair idea about which timeframe you would like to cover in your Financial Report.

Using Financial Report Templates

The next step to writing your Financial Report is to make sure that all the ledgers of the company are up to date and accurate. The report will have no meaning unless all the data and the financial information are recorded correctly. You need to make sure that the accounts payable and receivable are done. The bank records need to tally and purchase and sales reports need to be updated too. Liabilities of the company need to be considered as well while writing a Financial Report. Services that need to be paid for and wages of employees are examples of liabilities.

Once you ensure that you have all the information that you need, it is time to start creating the Financial Report. Begin by creating the balance sheet. A balance sheet is a list of a company’s assets, liabilities that it may have. A balance sheet may be dated on a certain day. It could be any date, like 31st March. A balance sheet typically has two columns. On the left, include assets, current and non-current. On the right, list all the liabilities, current and long-term, and equity accounts. Then make a sum total of both assets and liabilities and fill in the total assets and total liabilities in the appropriate columns. Any additional stocks or equity accounts that the company may have should be listed below liabilities. For example, common stock, treasury stock and retained earnings are to be listed under equity. This needs to be then added to the total equity to come to the figure of total liabilities and equity. The total assets and total liabilities and equity figure must match for your balance sheet to be balanced.

Importance of Financial Report Templates

Once this is done, you can move on to preparing the income statement. An income statement is the record of a company’s earnings and spending over a period of one year. In a financial statement, an income statement includes sources of revenue, costs of goods sold, operating expenses and retained earnings. Most of these are self-explanatory.

Moving on to the cash flow statement, the sources of cash and the use of it is recorded for a period of one year. It includes operating activities, investing activities and financing activities. Again, these are self-explanatory. Add up these amounts and call them increase or decrease in cash.

Add any extra notes that you may want to like information about the history of the company or formation of new industry and your Financial Report is complete.

Free Financial Report Templates

Here are previews and download links for these free Financial Report Templates in MS Word and MS Excel format,

Financial Report Template 01

Download link for this Financial Report Template 01 is here,

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Financial Report Template 02

Here is download link for this Financial Report Template 02 in MS Word format is below,

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Financial Report Template 03

Download link for this Financial Report Template 03 is here,

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Financial Report Template 04

Here is download link for this Financial Report Template 04,

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Financial Report Template 05

Download link for this Financial Report Template 05 is below,

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Financial Report Template 06

Here is download link for this Financial Report Template 06 in MS Word Format,

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Financial Report Template 07

Download link for this Financial Report Template 07 in MS Excel Format,

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Financial Report Template 08

Here is download link for this Financial Report Template 08 in MS Word Format,

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Financial Report Template 09

Download this Financial Report Template 09 in MS Excel Format from the link below,

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Financial Report Template 10

Here is download link for this Financial Report Template 10,

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Financial Report Template 11

Download link for this Financial Report Template 11 is below,

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Financial Report Template 12

Here is download link for this Financial Report Template 12 in MS Excel Format,

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Financial Report Template 13

Download link for this Financial Report Template 13 is below,

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Financial Report Template 14

Here is download link for this Financial Report Template 14 in MS Excel Format,

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The Benefits Of Financial Report Templates

The common uses of financial report templates are for preparation and submission to regulatory agencies as well as for internal company processes. This kind of report usually contains information that is meant to influence decision-making by managers and other employees in an organization. When properly prepared and used, this information provides useful insights on the operations and finances of a company. Here are some of the benefits of financial report templates.

They reduce the time and cost – The financial reporting process requires a substantial amount of time, not to mention costs. With financial templates, companies can save a lot of time by preparing just one report, rather than many. It saves time that can be allocated to more important aspects of the business. Moreover, there are several templates available for free online. This means that there are many benefits of financial templates for free.

They are customizable – You can create the template that you prefer according to your specifications. By adding, editing, or even deleting fields or categories, you can customize the template to meet your requirements. As such, they can be a great tool for managers who need reports customized according to their needs. However, keep in mind that you cannot edit or change the information contained in annual reports that have information about significant market fluctuations. Therefore, it is recommended that you use these reports only for assessing the financial performance of a company.

They provide a great solution for tracking expenses – Another benefit of financial reports templates is that they can make tracking expenses easier. Most companies prepare reports on an annual basis that include expenses incurred during the previous year. If you want to track expenses over a longer period, then you may want to prepare a single-year report. By using a financial reports template, you can create the reports that show the results of an analysis of an entire year’s worth of data.

They are easy to use – Most financial reports websites feature templates that are ready to use by almost any computer user. In addition, you will not need to know anything about the computer languages used to produce templates. This means that you do not need to be a computer genius to use them. In fact, most financial reports templates are designed so that even people who have little or no experience with computers can successfully use them.

As mentioned above, there are many other benefits of preparing financial reports. However, if you want to save time and money when you prepare them, then templates can be a good option. Moreover, since they come with complete instructions, you do not have to worry about creating the reports manually. However, if you plan to create reports by hand, then it would be best to find a company that offers this service as part of its service.