Through the Great Depression and the current recession, despite the Enron and Arthur Andersen meltdowns and a slew of legislation, the balance sheet – an indicator of a company’s health – has remained ...

There are three types of financial statements for businesses: income statement, balance sheet and cash flow statement. Each of these financial statements shows a different aspect of the business.

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

There aren't different balance sheets for different business types. The Financial Accounting Standards Board -- the private-sector entity that sets generally accepted accounting principles -- gives ...