Businesses create financial statements to communicate the financial state of the business. The accountant prepares the financial statements on an accrual basis or on a tax basis. Accrual basis ...

The purpose of a financial analysis report is to present company financial information in a way that is useful and easy to understand. At a minimum, financial analysis reports analyze trends and ...

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

Meeting the constant challenge of “doing more with less” is nothing new to public sector finance teams. Add in pandemic pressures and the great resignation, though, and suddenly, many finance teams ...

Arguably, monthly financial statements are the most important strategic tool for an organization. Accurate and timely statements provide key data to support fiscal monitoring and decision making, ...

Financial statements are often overlooked by small businesses as mere compliance tools for tax purposes. These statements, including the income statement, balance sheet, and cash flow report, hold ...

ADD IT UP: Numbers tells a story, either good or bad. Contractors need to know that story in order to make decisions. June 8, 2020 When small businesses raced to access Payroll Protection Program (PPP ...

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.

Financial models have become one of the most important decision-making tools in modern finance. They are critical to enabling informed decision-making. But oftentimes, they are flawed with deep and ...