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 what certified financial statements are, when you need them, and how to obtain them. Includes costs, timelines and a complete prep checklist.

Income, Balance Sheet, and Cash Flow statements aid investors in assessing company performance and health. Income Statement Analysis: Reveals revenue sources, expenses, and net income trends critical ...

The members of a company's board of directors are responsible for setting overall policy and are ultimately answerable to shareholders for the financial health of the organization. In order to ...

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, ...

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 ...

Audited financial statements require CPA verification and provide high assurance. They're used for SEC compliance, major bank loans, investor funding and more.

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 ...

Anyone who has ever had or been around a child for several years has experienced that “When did this child get so grown up?” feeling. Days filled with changing diapers, feeding, clothing and carting ...