Discover the key differences between compiled and certified financial statements, including auditing, reliability, and investor trustworthiness.

What could your business do with an extra $1 million in cash? Borrow less? Invest in new equipment? Hire staff to help grow your sales? The answers likely depend on the goals for your specific ...

Learn about consolidated financial statements, the criteria for aggregation, reporting guidelines, and practical examples for parent companies with subsidiaries.

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 ...

Income statements, balance sheets and cash flow statements. If you're running a business, you probably have some knowledge of basic financial statements and how to use them. But do you know why ...

An annual report helps a business owner understand the health of his company and determine areas of growth or possible reduction. A complete annual report consists of the cash flow statement, balance ...

This month, Professor Randall L. Kennedy, an eminent scholar of race and civil rights, published an op-ed in The Harvard Crimson denouncing the use of diversity, equity, and inclusion statements in ...

John D. Haltigan sued the University of California at Santa Cruz in May. He wants to work there as a professor of psychology. But he alleges that its hiring practices violate the First Amendment by ...

A battle of statements has ensued over the Luzerne County Democratic Party Executive Committee’s recent decision to censure Fern Leard for a post she shared on her private Facebook.

IN CERTAIN INSTANCES CPAs SHOULD CONSIDER preparing and reporting on financial statements using an “other comprehensive basis of accounting” (OCBOA). Tax-basis and cash-basis, including ...