The book discusses the importance of reports, how to prepare financial reports, analyze accounting information, and the parties that need this information, and how to make optimal use of financial information. Financial reports are the final product of the accounting system of any facility, as it is the vessel in which data and information about events and activities are collected. Which is carried out by the facility, in order to present it and present it in an overall and summarized form for stakeholders to benefit from it in making various decisions, and therefore it is not an alternative in itself, but rather a means for its users. In this field, the Financial Accounting Standards Board (FASB) indicated that the financial statements Financial reports, which contain a lot of information that the beneficiaries of the lists need, in addition to the information contained in the financial reports that is not found in the financial statements, such as information about the production and marketing activity of the facility and the economic or political factors affecting it in the future.