Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

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 are independent CPA evaluations costing thousands. They include balance sheets, cash flow, ...

Even sophisticated construction businesses can struggle to interpret their financial statements. In this industry, ...

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 of ...

Business decisions are often driven by data, so the accuracy and reliability of financial statements are paramount. One misstep in financial reporting can have far-reaching consequences, eroding ...

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 ...

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 ...

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 ...

For investors, a company's financial statements offers insight into the health of the company. Depending on the size of a company and the complexity of its business, the financial statements may be a ...

OpenAI’s GPT-4 large language model has reportedly demonstrated an ability to analyze financial statements with a level of accuracy that surpasses the best human financial analysts. The claim comes ...