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

Discover the synergy between income statements, balance sheets, and cash flow statements for a full analysis of a company's financial health and performance.

Financial statements are key to understanding the underlying drivers of a business—i.e., how your business is growing, what the margin profile is, how much cash it is generating and using and from ...

Income statements, balance sheets and cash flow statements. If you're running a business, you probably have some knowledge of basic financial statements and how to use them. But do you know why ...

Understanding the information contained in your balance sheet, income statement, statement of retained earnings and statement of cash flows is crucial for your business to survive. These four ...

What Else Do Financial Records Include? Other than the most common line items found in financial statements, investors can also read the lesser known items, such as the footnotes, which often contain ...

Financial statements play an important role in any business, no matter the size. The four basic types of statements include the balance sheet, the profit and loss statement and statements on cash flow ...

It may seem belated, but the Governmental Accounting Standards Board has just recently gotten around to defining such fundamental accounting concepts as "asset" and "liability."It has also defined a ...