Financial Statements are prepared for the purpose of presenting a periodical review or report on progress made by management and deal with the status of investment in the business and the results achieved during the period under review. They reflect a combination of recorded facts, accounting conventions and personal judgements, and the judgements and conventions applied affect them materially. The soundness of the judgement necessarily depends on the competence and integrity of those who make them and on their adherence to the Generally Accepted Accounting Principles and Conventions. Typically, the major financial statements which result from the process of accounting are: (i) Profit and Loss Account (ii) Balance Sheet (iii) Cash Flow Statement A profit and loss account is an account depicting how the profits or losses come about in a certain period. A balance sheet is a statement of what an organisation owes and what it owns at any given point of time. A cash flow statement is a statement of the sources from which funds or cash were raised and the uses to which these funds or cash were put during a certain period. Financial analysis is carried out using accounting data available in Profit and Loss Account and Balance Sheet. Hence a good grasp of the accounting logic underlying these statements will be of immense help in financial analysis. Tutors Kingdom provides the assignment and homework help related to Financial Statements round the clock by our tutors which have specialization in the field of accounts. The tutors at Tutors Kingdom helps student with difficulties that are faced in the problems of Finanacial Statements.  The assignment help or the homework help at Tutors Kingdom is not only cost effective but it also promises to resolve your problem within the due time, may it be in hours or in few days. You can submit the homework and all the doubts will get cleared. The Tutors Kingdom is the only place where you will get homework help and it also comes up with affordable pricing schemes time and again.