An annual report summarizes the performance of a business for 12 months -- essentially the fiscal year of the business. Also known as the financial year, the fiscal year does not necessarily coincide ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Financial statements are written records of a business’s financial situation. They include standard reports like the balance sheet, income or profit and loss statements, and cash flow statement. They ...

Most people want to calculate the growth rate of their investments from their financial statements. If you own your own small business, you may want to calculate the growth rate of sales or profits.

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Thomas J. Brock is a CFA and CPA with more than 20 years of ...

Our eLibrary offers over 25,000 IMF publications in multiple formats. This companion volume to the International Monetary Fund’s Annual Report 2014—From Stabilization to Sustainable Growth contains ...