Learn 12 essential things about financial statements that investors need to know. These insights can guide smarter investment ...
There are four primary financial reports a business must issue at the end of its fiscal period, and their purposes vary based on content and applicable regulations. This quartet of financial data ...
Tax-exempt organizations are working through the biggest change to not-for-profit financial reporting in 25 years. FASB Accounting Standard Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958 ...
Learn what every business owner needs to know about financial accounting, accounting software and financial statements.
Michelle Cull is a member of CPA Australia, the Financial Advice Association Australia and President Elect of the Academy of Financial Services in the United States. Michelle is an academic member of ...
FASB outlined a major overhaul of GAAP related to mergers and acquisitions when it issued Statement no. 141 (revised), Business Combinations , in December 2007. The standard is effective for fiscal ...
Businesses commonly prepare condensed financial statements in addition to the traditional financial statements. Internal preparation of these documents serves several legal purposes and commonly ...