Learn financial statement analysis techniques, including horizontal, vertical, and ratio analysis, to assess company ...

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 ...

The income statement is one of the three major financial statements, focusing on a company's income and expenses over a specific period. Its structure follows this formula: Net Income = (Total ...

Smaller organizations with limited staff may have difficulty implementing FASB’s new standard on presentation of not-for-profit financial statements. These best practices can make the work easier.

The board released a concepts statement to guide GASB when mandating note disclosure requirements for state and local governments.

Concepts Statement No. 7, Communication Methods in General Purpose External Financial Reports That Contain Basic Financial Statements: Notes to Financial Statements, details concepts that include: The ...