Accounts receivable (AR) represents the money owed to a business by its customers for goods or services provided on credit. It is recorded as an asset on the company’s balance sheet, indicating ...

Items commonly found in the asset category include: cash and equivalents, accounts receivable, inventory, and intellectual intangibles. Accounts receivable (AR) have a direct link to revenues on ...

On February 13, 2025, amended the credit agreement with OrbiMed, adjusting the trailing 12-month revenue covenants for upcoming quarters starting from March 31, 2025, through March 31, 2026; the $115 ...

MENLO PARK, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- PacBio (NASDAQ: PACB) today announced financial results for the quarter and fiscal year ended December 31, 2024. Revenue of $39.2 million, a 33% ...

Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital services ...

Capital One said it is working with a third-party vendor to resolve the issue. (Sarah Yenesel/EPA-EFE/Shutterstock) Capital One customers have been reporting problems ...

A report by the Paradigm Leadership Support Initiative has unveiled that N3.5 trillion was unaccounted for by various government agencies. The organization highlighted issues from the 2021 audit ...

A forensic accounting review of South Carolina’s finances found that an account purported to have more than $1.8 billion did not exist and was the result of accounting errors. In a report ...

acknowledging in a statement to Military.com that the accounts could help military families save on medical expenses. But the association also pointed out that civilian employers "sometimes shift ...

SoFi’s Checking and Savings account earns a 0.50% APY (variable and subject to change) on the balance in its checking portion. Customers who enroll in SoFi Plus with direct deposit, or pay a $10 ...

Your bank or credit union should provide a 1099-INT form each year reporting taxable interest payments made to your account. If you don’t receive this form, you still must report taxable ...