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

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

Every company produces three important financial reporting documents when the fiscal period comes to a close: the balance sheet, cash flow statement, and the profit and loss statement. Among these, ...

Breaking Down Financial Statements Whether you’re a seasoned investor or just trying to get a better handle on finance, ...

A financial statement is one of several different accounting documents that provides specific information about one area of a business and its performance. The three main financial statements for a ...

Learn how to prepare an up-to-date profit and loss statement, balance sheet and statement of cash flows. Many, or all, of the products featured on this page are from our advertising partners who ...

Annual and quarterly documents such as profit-&-loss statements are routinely audited by Certified public accountants (CPAs) at publicly traded companies. Profit-&-loss statements, also referred to as ...

Jason Morris has 9+ years of experience as a financial professional. He is currently a controller for Nucorp, the largest steel producer in the U.S. Suzanne is a content marketer, writer, and ...

At some point, you’ve probably heard the phrase, “It takes money to make money.” But if you’re not careful, it’s easy for expenses to spiral out of control — and you could end up making little to no ...

From misinterpreting financial statements to making uninformed investment decisions, these critical oversights could be draining your company’s lifeblood without you even knowing it. Cash Flow Blind ...

Growing your business will require establishing a solid foundation of internal controls including accounting, auditing, purchasing and damage control planning. This session will give you an overview ...

A profit and loss statement (P&L), also known as an income statement, provides a summarized view of a company's financial performance over a specific period. It lists revenue, costs and expenses, ...