We’re fluent in startup finance. Now you can be too.

Learn more about common financial (and startup) terms here. To learn more about Pilot, fill out the form below.

Oops! Something went wrong while submitting the form.
Financial reporting

What is financial reporting?

Financial reporting involves the disclosure of financial information to the various stakeholders about the financial performance and financial position of the organization over a specific period. This information is presented in the form of financial statements.

The goal of financial reporting is to provide information that is useful in making economic decisions. It helps investors, creditors, and others assess the company's performance, financial position, and changes in financial position. The standards for financial reporting are set by regulatory bodies like the FASB or IASB.

Need help with other finance or startup questions?

Pilot provides bookkeeping, CFO, and tax services for literally thousands of startups and growing businesses. We've successfully processed over 10 million transactions for our customers and have unparalleled expertise when it comes to helping businesses succeed.

We're the largest startup-focused accounting firm in the United States, and we'd love to help you. To talk to an expert on our team and find out what Pilot can do for you, please click "Talk to an Expert" below, or email us at info@pilot.com.

See what Pilot can do for you

Get the peace of mind that comes from partnering with our experienced finance team.

Oops! Something went wrong while submitting the form.