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

Stockholders' equity, also known as shareholders' equity or owners' equity, represents the value of each stockholder's ownership or share of a given company. As a business, it's important to highlight ...

Financial statements provide a snapshot of a corporation's financial health at a particular point in time, giving insight into its performance, operations, cash flow, and overall conditions.

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

Financial accounting is the process of recording and reporting your business’s income, expenses, assets and liabilities, often with the help of software. This information gives managers, owners and ...

More than just paperwork, audited financial reports show that the numbers for your business add up. Knowing what goes into an audited statement and why it matters can help you gain confidence with ...