What are the different types of financial information sources?
Financial information sources can be broadly categorized into primary and secondary sources. Primary sources are those that provide direct, firsthand information about a company's financial performance or market conditions. These include financial statements, such as income statements, balance sheets, and cash flow statements, as well as corporate filings with regulatory authorities. Secondary sources, on the other hand, are derived from primary sources and provide a compilation or analysis of financial data. Examples of secondary sources include financial news websites, analyst reports, industry publications, and market research reports. These sources offer a wider perspective and interpretation of financial information, helping investors and analysts make informed decisions.
This mind map was published on 5 September 2023 and has been viewed 89 times.