If you’re on the board of a nonprofit, or hold an executive position at one, it is your duty to understand the organization’s finances. And if you fail to do so, you could be liable for financial ...

Financial statements are key to understanding the underlying drivers of a business—i.e., how your business is growing, what the margin profile is, how much cash it is generating and using and from ...

Discover the differences, advantages, and drawbacks of single-step vs. multiple-step income statements for better financial analysis.

The best way to make the most of your money is to understand how you earn, spend and save. One of the best tools for this is a personal financial statement listing all the relevant information. If you ...

Financial statements present a standardized overview of a company's financial position for a specific period of time. These statements serve a variety of purposes and are created for a range of ...

As lawyers, understanding how to read financial statements of clients you are working with will help you evaluate their financial health, allow you identify current and potential problems and possibly ...

How to understand balance sheets and income statements. A key metric that can tell you about a company's pricing power. What you're actually purchasing when you buy a stock. To catch full episodes of ...

Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the potential implications of each for investors.

Vlad Rusz is a CPA at Centaur Digital Corp, helping busy business owners efficiently manage their accounting system. Any business, anywhere in the world, no matter how big or small can represent ...

An annual report helps a business owner understand the health of his company and determine areas of growth or possible reduction. A complete annual report consists of the cash flow statement, balance ...

HOW MANY TIMES have you or one of your competitors uttered the following phrase? "I wish my business was more profitable, I want my business to be more profitable." If I had a dollar for every time I ...