The financial statement is based on economic accrual; they measure the effect of events and transactions as they happen and not just when the monetary results of those occasions and exchanges are calculated. Financial statements are valuable in evaluating a company's long-term productivity, liquidity, solvency, and value structure. The investigation is conducted from the perspective of external customers of financial statements and depends on an organization's annual report and other freely accessible data. Investors can use financial statements to determine the value of a company as such