Financial Statements: List of Types and How to Read Them

Financial statements report the business activities and financial performance of a company. Learn how they are used by ...
Houston Chronicle

What Is the Key Information in a Financial Statement?

Companies typically prepare four key financial statements on a monthly, quarterly and annual basis: the balance sheet, income statement, cash flow statement and statement of owners' equity. Each ...
Houston Chronicle

What Is a Condensed Financial Statement?

Businesses commonly prepare condensed financial statements in addition to the traditional financial statements. Internal preparation of these documents serves several legal purposes and commonly ...
Investopedia

Itemized Statement Definition, Benefits, and Example

Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse ...
Smart Business Magazine

How an improved financial reporting cadence leads to better decision making

Some business leaders do not take the time to review their financial information on a consistent basis. That could mean they’re making decisions on past data that is no longer relevant. “I have seen ...
Nasdaq

Using Financial Statements to Evaluate Investment Opportunities

While some investors have a background in finance or accounting, you don’t need a specialized degree to read a company’s financial statements and glean valuable information that can help you make your ...
JD Supra

Financial Statement Requirements for Non-US Issuers in Registered Offerings

Foreign private issuer is defined as an issuer organized outside the United States, excluding foreign governments, and does not include non-US issuers that have 50% or more us ownership residents and ...
JournalofAccountancy

OCBOA Financial Statements

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 ...
JD Supra

SEC Staff Guidance on Financial Information in Registration Statements

The Staff of the Division of Corporation Finance recently posted additional guidance regarding the financial information that an EGC may omit from its draft registration statements, as well as ...
JournalofAccountancy

Simplifying implementation of FASB’s not-for-profit financial reporting standard

Tax-exempt organizations are working through the biggest change to not-for-profit financial reporting in 25 years. FASB Accounting Standard Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958 ...
The National Law Review

Public Company Acquired Company Financial Statement Rules

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...