When you are putting together your financial statements, you need to look at your account balances to properly place each item on the financials. The accounts are made up of debits and credits. For ...

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 ...

Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the ...

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 ...

Financial statements generally contain sensitive and important data about your business or personal income and assets. Because of the data's importance, you must follow standard protocol when ...

All publicly traded companies are required to release financial statements quarterly so investors can get a sense of how the business is doing. There are three main financial statements investors ...

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

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 ...

When you apply for business funding, lenders and investors want to ensure they won’t lose money on your venture. That’s why bringing detailed financial statements to your pitch meeting is crucial.