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 ...

Companies must produce a series of financial statements to provide information on the their activities, net worth and viability. There are three main financial statements maintained by companies and ...

Learn how business logic serves as the framework of rules and algorithms, enabling smooth data flow between databases and user interfaces to streamline business processes.

Learn how to prepare an up-to-date profit and loss statement, balance sheet and statement of cash flows. Many, or all, of the products featured on this page are from our advertising partners who ...

Cash flow is, understandably, one of a company’s most significant concerns. To stay on top of this vital financial metric, business owners rely on accurate, consistent cash flow statements. These ...

When you apply for business funding, lenders and investors want to ensure they won’t lose money on your venture. That’s why bringing detailed financial statements to your pitch meeting is crucial.

Standards for sole proprietorship business statements are no different from any other type of business, even though just one person owns a sole proprietorship. There are generally accepted guidelines ...

Discover the differences, advantages, and drawbacks of single-step vs. multiple-step income statements for better financial analysis.