A company's often-diverse business activities, combined with changing marketplace characteristics, frequently make it difficult to create an accurate picture of the business's financial and ...

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

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. David ...

The annual financial report is a major event used to recount the success, failures and general trends from the previous year. The report is easily customized to reflect the business culture and ...

All publicly traded companies are required to release financial statements quarterly so investors can get a sense of how the business is doing. There are three main financial statements investors ...

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 ...

Annual reports are the best way to get a snapshot of how a company is doing, and they can be an excellent resource for people who want to invest in stocks. But there are some things you need to know ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Katrina Ávila Munichiello is an experienced editor, ...

It is easy to lose sight of the big picture when you are immersed in detail or lack important information. In order to enhance the decision-making process, a company needs succinct financial ...

As the chief operating officer at a firm specializing in financial and accounting services, I've seen firsthand the immense value that accurate financial reporting brings to a business. Whether you're ...

The International Financial Reporting Standards Foundation has published a set of near-final examples showing how companies can improve the reporting of uncertainties in their financial statements ...

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.