In the “Understanding Financials: Your Income Statement” column, we learned that the accrual-basis method of accounting is based on the economic activity of the business, and that this preferred ...

Discover what condensed financials are, how they provide an overview of a company's financial status, and their essential roles in internal auditing.

A few months ago, we published a column entitled, “Understanding Financials: Your Income Statement.” To re-read that e-column, click here. The balance sheet is another of the financial statements ...

Discover Costco's financial health through an in-depth balance sheet analysis, covering liquidity, efficiency, and risk ...

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 ...

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 ...