A global accounting standards body aims to revamp how companies present financial information to give investors a clearer picture of performance. The International Accounting Standards Board (IASB) ...

Discover the differences, advantages, and drawbacks of single-step vs. multiple-step income statements for better financial ...

Business owners often use accounting to measure their company's financial performance. Accounting is responsible for recording and reporting a company's financial transactions. While business owners ...

Financial statements are written records of a business’s financial situation. They include standard reports like the balance sheet, income or profit and loss statements, and cash flow statement. They ...

Audited financial statements are independent CPA evaluations costing thousands. They include balance sheets, cash flow, ...

Every business has an accountant who prepares financial statements on a regular basis. Management, creditors and stockholders use these statements to gauge the performance of the company and make ...

Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

As an increasing number of state and local governments across the country make more of their financial data available to the public online, a new report makes a case for the best way to do that. CAFR, ...

Even sophisticated construction businesses can struggle to interpret their financial statements. In this industry, ...