Financial Statements - Negligence, Fraud and Misrepresentation Attorney

Financial Statements - South Florida Negligence, Fraud and Misrepresentation Litigation and Arbitration Attorney:

Financial Statements:

Financial statements are the basic purpose of an annual report filed by a public company. As a result of both expanded SEC disclosure regulation and a companies' own interest in satisfying the information requirements of securities and credit analysts, financial statements have evolved over the years into presentations that elaborate substantially on the basic financial information.

There are four main financial statements. They are: (1) balance sheets; (2) income statements; (3) cash flow statements; and (4) statements of shareholders' equity.  Balance sheets show what a company owns and what it owes at a fixed point in time.  Income statements show how much money a company made and spent over a period of time.  Cash flow statements show the exchange of money between a company and the outside world also over a period of time.  The fourth financial statement, called a "statement of shareholders' equity," shows changes in the interests of the company's shareholders over time.

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With extensive courtroom, arbitration and mediation experience and an in-depth understanding of elder abuse, exploitation, accounting and securities law, our firm provides all of our clients with the personal service they deserve. Handling cases worth $25,000 or more, we represent clients throughout Florida and across the United States, as well as for foreign individuals that invested in U.S. banks or brokerage firms. Contact us to arrange your free initial consultation.

At the Boca Raton Law Office of Russell L. Forkey, we represent clients throughout South and Central Florida, including Boca Raton, West Palm Beach, Boca Raton, Sunrise, Plantation, Coral Springs, Deerfield Beach, Pompano Beach, Delray, Boynton Beach, Hollywood, Lake Worth, Royal Palm Beach, Manalapan, Jupiter, Gulf Stream, Wellington, Fort Pierce, Stuart, Palm City, Jupiter, Miami, Orlando, Maitland, Winter Park, Altamonte Springs, Lake Mary, Heathrow, Melbourne, Palm Bay, Cocoa Beach, Vero Beach, Daytona Beach, Deland, New Smyrna Beach, Ormand Beach, Broward County, Palm Beach County, Dade County, Orange County, Seminole County, Martin County, Brevard County, Indian River County, Volusia County and Monroe County, Florida. The law office of Russell L. Forkey also represents South American, Canadian and other foreign residents that do business with U.S. financial institutions, investment advisors, brokerage and precious metal firms.