Skip to main content

Financial Statements

Clipart showing financial statement analysis Created for campus administrators and fiscal officers, this area provides information on how to efficiently and effectively run the Financial Statement Reports along with the Forecast Report. Included in this section is information regarding the required parameters and how to get the most out of these reports. Financial information presented to external users is presented differently than these internal reports; however, the information used to create both the internal and external reports is the same.

Financial Statement Reports - There are three major financial statements utilized at Indiana University which include the income statement, balance sheet and cash flow statements. The Financial Statement Reports help users with quick and easy access to all financial statement reports.

Forecast Report - The Forecast Report is a management tool that presents financial information (revenue and expense) based on actual and budgeted (projected) amounts within the current fiscal year. Campus administrators and fiscal officers use the forecast report for planning and control purposes within their respective entity.

Multi-Year Financial Statements Report - This report provides users the ability to summarize and compare balance sheet and income statement balances over multiple years. This enables users to easily analyze trends and make better-informed decisions.

Financial Detail Transactions - This is a data group where users can pull a detailed record of all financial transactions housed in the general ledger. Based on the output selected by the user, various details about the transactions are displayed.