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Historical financial statement. A financial statement (or financial report) is a formal record of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form easy to understand.istorical financial statement. A financial statement (or financial report) is a formal record of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form easy to understand.
The financing statement is generally filed with the office of the state secretary of state, in the state where the debtor is located-for an individual, the state where the debtor resides, for most kinds of business organizations the state of incorporation or organization.