As a small business owner, your financial statements serve as a scorecard on your company's performance. Comparing individual items in your financial statements to prior periods is one way to measure ...

Discover the hidden details in financial footnotes essential for interpreting income statements, balance sheets, and cash ...

Generally accepted accounting principles, or GAAP, essentially impact every item on a qualifying financial statement. Most companies and organizations follow GAAP when creating financial statements.

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

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 ...

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 ...

Discover the basics of account statements, including definitions, uses, features, and examples, to manage finances ...

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 ...

Supporters of extensible business reporting language (XBRL) have long touted its potential to transform financial data mining and analysis. Now that potential is starting to become a reality, thanks ...

What could your business do with an extra $1 million in cash? Borrow less? Invest in new equipment? Hire staff to help grow your sales? The answers likely depend on the goals for your specific ...

Foreign private issuer is defined as an issuer organized outside the United States, excluding foreign governments, and does not include non-US issuers that have 50% or more us ownership residents and ...