Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

Discover the synergy between income statements, balance sheets, and cash flow statements for a full analysis of a company's financial health and performance.

What Else Do Financial Records Include? Other than the most common line items found in financial statements, investors can also read the lesser known items, such as the footnotes, which often contain ...

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 ...

While some investors have a background in finance or accounting, you don’t need a specialized degree to read a company’s financial statements and glean valuable information that can help you make your ...

Office of Management and Budget (OMB) 2 CFR 200 Uniform Guidance states that entities that expend $750,000 or more in a year in federal funds are required to have a single audit. For more information ...

Public companies (those traded on the stock market) are required to file quarterly and annual financial reports to the Securities and Exchange Commissions (SEC), and to make their reports publicly ...