Financial Statements

The financial statements of a company present an overview of its assets, liabilities and capital, as well as the income statement and statement of cash flows.

Related Terms

Check Out Our Recent Blogs!

Comprehensive Guide to AI in the Construction Industry

Explore how AI is revolutionizing construction—from smarter bidding and automated takeoffs to real-time safety monitoring and predictive scheduling. This guide breaks down key AI concepts and showcases tools that enhance efficiency, safety, and profitability.

Read More

Maximizing 2025 Tax Benefits for Construction Investments

In 2025 contractors can expense up to $1.25 M of equipment via Section 179 and deduct 40 % bonus depreciation on the balance. Learn which assets qualify, how to time deliveries, structure leases, avoid phase-outs, and document everything to turn tax rules into real cash-flow gains.

Read More

Top Construction Industry Organizations to Join in 2025

iscover the top construction industry organizations to join in 2025. From AGC and ABC to NAHB and CFMA, this guide breaks down the benefits of each group, helping contractors, subcontractors, and professionals grow their network, stay informed, and gain industry support.

Read More

Top 10 Construction Accounting Tips for Homebuilders

Discover the top 10 accounting practices every homebuilder needs for profitability and growth, from stable Charts of Accounts to automated AP processes. RedHammer provides expert guidance and customized solutions to streamline your financial operations and enhance profitability.

Read More