Financial statements are essentially the report cards for businesses. They tell the story, in numbers, about the financial health of the business. The information found on the financial statements ...

The primary financial statements of for-profit businesses include the balance sheet, income statement, statement of cash flow, and statement of changes in equity. Nonprofit entities use a similar ...

While amortization appears in the balance sheet as a reduction in an ... who must sign off on financial statements.

The Federal Reserve’s decision to dramatically decelerate the pace of its balance sheet drawdown last month garnered broad ...

The International Accounting Standards Board is undertaking a review into how intangible assets, like brands, are treated.

Cash flow statements reveal money flow in/out of a business, divided into operations, investments, and financing. Operating cash flow reflects the cash transactions from core business activities.

The Federal Reserve’s policy committee announced it would slow the pace of reducing its balance sheet starting in April. Wednesday’s statement also highlighted the increased uncertainty for ...