Learn 12 essential things about financial statements that investors need to know. These insights can guide smarter investment ...

Q: I'm about to start a small business and am wondering about my financial statements. I am somewhat confused with the terms and don't know how much I need to know. Can you help me? A: All business ...

In the startup era, it’s easier than ever to launch a new business. With barriers to entry for new ventures at historic lows, it’s now extremely common to see aspiring entrepreneurs from all walks of ...

The term "fiduciary activities" refers to assets, which a federal, state or municipal government administers for non-federal individuals. Some types of fiduciary activities include the Thrift Savings ...

If you own stocks or a business, you may know about financial statements. I’ll give an overview of financial statements so you can understand some of the common items. Financial statements report how ...

It may seem belated, but the Governmental Accounting Standards Board has just recently gotten around to defining such fundamental accounting concepts as "asset" and "liability."It has also defined a ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

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 ...

The four main financial statements for a small business include the income statement, the balance sheet, the statement of cash flow and the statement of owner's equity. Private companies and small ...

GASB issued a concepts statement to guide the board when establishing note disclosure requirements for state and local governments — part of its response to research reexamining existing note ...