Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

No one likes a surprise bill or an unexpected expense. These situations tend to create financial strain—especially for businesses with delicate cash flow. It’s why most businesses engage in financial ...

Why forecasts are necessities for startups Experts advice on how to be conservative in your forecasts. The cash flow pro forma Business plans and financing proposals are based on projections. Past ...

In order to get the attention of serious investors, it’s important to have realistic financial projections incorporated into your business plan. Projections can be a tricky business as you try to ...

Financial statements are key to understanding the underlying drivers of a business—i.e., how your business is growing, what the margin profile is, how much cash it is generating and using and from ...

Tracking financial performance over multiple years allows business leaders to steer their organization in the right direction. In particular, monitoring key sections of the balance sheet and income ...

Financial forecasting gives you critical insights into your business and helps you project future sales and expenses. Let’s look at how you can create your financial projections in Microsoft Excel and ...

What Else Do Financial Records Include? Other than the most common line items found in financial statements, investors can also read the lesser known items, such as the footnotes, which often contain ...

As the chief operating officer at a firm specializing in financial and accounting services, I've seen firsthand the immense value that accurate financial reporting brings to a business. Whether you're ...

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 ...