All companies in Croatia have the obligation to compile financial statements that show the results of the company's operations and information relevant to future investors. Also, all companies in Croatia are required to keep accounting records. Accounting laws, standards and tax regulations define the accounting system of Croatia. The financial reporting of companies in Croatia is defined by the provisions of the Accounting Act, Croatian Financial Reporting Standards and tax regulations. The basic financial statements are: balance sheet, income statement, cash flow statement, statement of changes in equity, notes to the financial statements. The underlying financial statements provide information about the financial position and performance of the company. The food industry is considered one of the most important industries for the growth and development of Croatia. The food industry is part of the processing industry, and its main components are the production of food and beverages. Kraš d.d. is a corporation engaged in the production and sale of confectionery products. The company Kraš d.d. in addition to the basic financial statements, compiles business books. Business books provide more detailed information about the company Kraš d.d. It allows internal and external users a more detailed overview of the business of the company Kraš d.d. The company Kraš d.d. compiles the balance sheet according to the criterion of growing liquidity. The most significant items in the balance sheet assets are tangible fixed assets, financial assets, inventories, trade receivables and cash on hand. In the liabilities of the balance sheet, the company Kraš d.d. expresses the most significant positions in capital. The company Kraš d.d. compiles the income statement according to the method of total costs, which forms a single report form. The most significant operating revenues of the company Kraš d.d. are sales revenue and other operating income. The most significant operating expenses are the costs of raw materials and supplies, other external costs and staff costs. The company Kraš d.d. uses the indirect method to compile cash flow statements. The most significant receipts from operating activities are profit before taxes and depreciation, and the most significant expenditures from operating activities are reductions in other receivables and reductions in trade receivables. The company Kraš d.d. it is obliged to compile a report on changes in equity. The statement of changes in equity shows the construction of equity and the changes that occur in all items of equity. The company Kraš d.d. all information that is not presented in the balance sheet, income statement, cash flow statement and statement of changes in equity is presented in the notes to the financial statements in accordance with the relevant provisions of financial reporting standards.According to the financial analysis, the company Kraš d.d. has high profitability and business success.