Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

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 ...

There are four key financial statements your company may have: a balance sheet, income statement, cash flow statement and statement of owners' or shareholders' equity (retained earnings). A balance ...

Tax professionals warn that everyday expenses and lifestyle choices can derail IRS payment plans before they're approved ...

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.

Learn how to analyze a statement of cash flows, understand key metrics like free cash flow, and gain insights into a company's financial health.

Navigating the path to becoming a publicly traded company is a significant milestone for any organization. As a micro-cap IPO advisor and investor, I’ve witnessed how the success of this transition ...

The AICPA Accounting and Review Services Committee (ARSC) voted Thursday to expose for public comment a proposed revision that would “make explicit” that a CPA preparing financial statements as a ...

The AICPA Accounting and Review Services Committee (ARSC) voted Wednesday to issue an amendment clarifying that a CPA preparing financial statements as part of a consulting services engagement ...

In the United States and Canada, financial-reporting regulations focus on publicly traded securities. Private companies, without publicly traded debt or equity, aren’t required to either publicly ...