It's one of three primary financial statements. Focuses on income and expenses over a specific period. Aims to report a company's net income or earnings. Essential for assessing financial performance.

A statement of shareholder equity can tell you if your business is doing well or if it's time to fine-tune some of your ...

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 ...

Discover the basics of account statements, including definitions, uses, features, and examples, to manage finances ...

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

The financial statements for all for-profit companies serve the same purpose -- to provide owners and management with an overview of the company's financial and operational health. The structure of ...

Accounting is the basis of business decisions. While you may not be an accountant, or even like accounting, you are likely a decision-maker. You are asked to make numerous business decisions every ...

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...

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 ...