Financial reports are written documents that provide a company’s stakeholders with an overall picture of their financial performance. These reports outline the company’s income, expenses, assets, liabilities, and other important financial information. Additionally, these reports often contain data regarding investments, inventory, and payroll. By providing stakeholders with this level of detail, financial reports allow them to make informed decisions about the company’s future. Financial reports also serve as an important tool for investors who wish to gain insight into a company’s financial position and operations. With these facts in hand, investors can better determine whether or not a company is worth investing in.