My wife, a CPA, was analyzing financial statement of companies whose stocks we might buy or short. She was having to cut and paste from online into Excel. Which is a pain.
I discovered a much easier way.
With Excel 2007 (not sure if this works with earlier versions.)
1) Go to the web page with the financial statement on it. Google Finance works fine here.
2) Open a blank worksheet in Excel.
3) Click the “Data” tab. Click “From Web” in the Data area. Enter URL of the web page with financial statement.
4) The window will highlight various areas on the page. Click the financial statement area.
5) Click Import.
The financial statement will be imported into Excel (with the numbers as numbers, not characters!)