What is the relationship between financial statements typically referred to as?

The relationship between financial statements is typically referred to as financial statement analysis. This involves assessing the connections and interactions among different financial statements, such as the income statement, balance sheet, and cash flow statement. Financial statement analysis helps stakeholders understand a company's performance, financial health, and cash flow dynamics by examining how these statements relate to one another.

For instance, the net income from the income statement influences the retained earnings in the equity section of the balance sheet, and the cash flow from operating activities in the cash flow statement is derived from the net income adjusted for non-cash items. Through financial statement analysis, users can derive meaningful insights and make informed decisions based on these interrelated components.

The other options do not accurately capture the nature of the relationship among financial statements. "Statement interconnection" and "linkage of financial figures" are not standard terms used in the context of evaluating or analyzing financial statements, and "account reconciliation" pertains specifically to ensuring that two sets of records (e.g., a company’s financial records and bank statements) are in agreement, rather than exploring the broader analysis of financial statements as a whole. Thus, financial statement analysis remains the most accurate description of the interplay between various financial reports.