Read the balance sheet, also known as the statement of financial position, to get an in-depth look into the organization's assets. Take notice of the organization's total liabilities, and compare ...

How Do I Prepare a Financial Statement Compilation?. A business transaction, such as obtaining financing, often requires companies to provide financial statements that have been evaluated by an ...

Learn about the components of a company balance sheet—aka the statement of financial position—and how it relates to other financial statements.

GASB issued a concepts statement to guide the board when establishing note disclosure requirements for state and local governments — part of its response to research reexamining existing note ...

GASB issued a revised proposed concepts statement Tuesday that would guide the board when it establishes requirements for notes to financial statements for state and local governments. The proposal ...

Accounting GASB sets guidelines on notes to financial statements By Michael Cohn July 07, 2022, 11:49 a.m. EDT 1 Min Read ...

Learn financial statement analysis techniques, including horizontal, vertical, and ratio analysis, to assess company performance via balance sheet, income, and cash flow statements.

A balance sheet shows a company's assets, liabilities, and shareholder equity at that point in time. Learn how they work, how to read one, and why they're important.

An outline of your company's growth strategy is essential to a business plan, but it just isn't complete without the numbers to back it up. Here's some advice on how to include things like a sales ...

The blinkers of balance-sheet accounting shouldn’t obscure another option, which is to remove banknotes entirely from the statement of financial position.