Balance sheets and income statements are the two most important financial reports business managers need to run their company efficiently. These statements allow management to measure performance and ...

If you’ve ever looked at a company’s financial statement and felt lost in the numbers, you're not alone. Terms like revenue, ...

Tim Bennett explains what a balance sheet is for, including the type of information it contains, and how you can use it. See all of Tim's video tutorials here. Don't miss the latest investment and ...

The financial statements your business generates provide the basis of future projections, insight into potential tax liabilities and your business’s progress over the years. It’s important to read ...

A profit and loss statement, or income statement, records a company's revenues, expenses and overall gains or losses. This financial statement is an indicator of a company's profitability. It is a ...

IMGCAP(1)]The old adage that there are two sides to every story remains true today, especially as it pertains to accountants. The discipline of accounting is built on the fact that assets = ...

Revenue, profit likely rose, but so did interest expenses and securities losses Lyle spent most of the past two decades in a variety of product, communication and financial writing roles with large ...