In biblical times, livestock was the indicator of wealth and, in essence, was the currency that was traded. There Proverbs 27 warns that it is important to know the condition of your flock and to give careful attention to your herds because riches do not endure forever. How can this statement relate to the concept of importance of the financial statements in today's business environment. How can I briefly describe the financial statement and how each helps a business to "know the condition of its flock."