A company's financial statements provide financial information that investors, creditors and analysts use to evaluate a company's financial performance. A good deal of the information presented in a ...

Every February and August, business news sites are full of headlines about company reports and “earnings season”. That’s because in Australia, most companies have a reporting period ending June 30 – ...

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

An income statement is a financial document that details the revenue and expenses of a company. Some investors and analysts use income statements to make investing decisions. The income statement, ...

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.

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 ...

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 ...

Financial statement fraud is just what it sounds like – falsifying balance sheets, income statements and cash-flow statements to fool the people who read them. The fraudster may be out for personal ...

Opinions expressed by Entrepreneur contributors are their own. Income statements are fundamental financial documents that track a business’s revenue, expenses, and profit over a specific period.

IN CERTAIN INSTANCES CPAs SHOULD CONSIDER preparing and reporting on financial statements using an “other comprehensive basis of accounting” (OCBOA). Tax-basis and cash-basis, including ...

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Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 ...