A company's financial statements provide financial information that investors, creditors and analysts use to evaluate a company's financial performance. A good deal of the information presented in a ...

The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...

If you’ve ever looked at a company’s financial statement and felt lost in the numbers, you're not alone. Terms like revenue, ...

A: Public companies provide piles of financial information to investors. But if you don't know how to read these documents or don't know what to look for, you can quickly get buried. Companies release ...

When you apply for business funding, lenders and investors want to ensure they won’t lose money on your venture. That’s why bringing detailed financial statements to your pitch meeting is crucial.

For investors, a company's financial statements offers insight into the health of the company. Depending on the size of a company and the complexity of its business, the financial statements may be a ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Katrina Ávila Munichiello is an experienced editor, ...

IN CERTAIN INSTANCES CPAs SHOULD CONSIDER preparing and reporting on financial statements using an “other comprehensive basis of accounting” (OCBOA). Tax-basis and cash-basis, including ...

Let’s be honest. Your monthly financial statement is like kale: you know it’s good for you but it’s awfully hard to digest. Sadly, if you’re not thoroughly digesting your company’s financial ...

Breaking Down Financial Statements Whether you’re a seasoned investor or just trying to get a better handle on finance, understanding financial statements is a skill worth having in your toolkit. Sure ...

Cash flow is, understandably, one of a company’s most significant concerns. To stay on top of this vital financial metric, business owners rely on accurate, consistent cash flow statements. These ...

Have a question for Kevin Payne or our other editors? Ask here for a chance to be featured in a story. Submit your question This form is protected by reCAPTCHA ...