Learn the principles of financial accounting, its importance, and how it functions to provide a clear picture of a company's financial health and compliance.

Learn to report contingent liabilities under GAAP. Understand probability categories—probable, possible, remote—and how to ...

The balance sheet is a snapshot of a company's financial position at a particular time. Balance sheets are typically prepared monthly, quarterly and annually, but you can prepare one at any time to ...

The link between a balance sheet and an income statement is obvious, but it's also tricky. The more income your business earns, the more value should show up on its balance sheet. But the calculations ...

The Balance Sheet represents the financial position of the University and Business Areas at a particular point in time. The Balance Sheets are represented as Assets, Liabilities, and Equity/Fund ...

If you're interested in investing, you've probably read quite a few articles that say "do your homework" before buying a stock. Reading and understanding a balance sheet is part of that homework.

Thinking about balance sheets isn’t the most exciting part of being a small business owner. However, if you want to position your business for growth or increase your cash flow, building a fortress ...

In the world of finance, few organizations hold the weight and authority of the Financial Accounting Standards Board (FASB). This board's decisions set the tone for financial practices across ...

For February 27, my forensic accounting needle in a haystack comes from an airline that early adopted a new accounting standard related to its operating leases. Analyst Peter Apockotos found an ...

CFOs must consider what falling rates might mean for their balance sheets, borrowing strategies and overall business ...