Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ...

Cash flow is essential to running a successful business. As a business owner, you need to have a good read on your company’s fiscal health; cash flow statements can help you with this. These reports ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Both profit and cash flow are critical for the long-term viability of a business. Over the long run, profitable firms tend to have positive cash flow and accumulate a significant amount of cash. There ...

Money your company earns from selling goods or services goes into your books as revenue. Beyond that, however, what "revenue" means when it appears in your financial statements depends on the ...

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The International Accounting Standards Board has embarked on a research project to review and improve the requirements for the statement of cash flows and related matters in International Financial ...

Many small businesses start off strong with a solid business plan, an impressive product, sufficient funding and a growing customer base. Then, somewhere along with the way, the business stalls, ...

Every business has cash going in and going out. This is cash flow. A cash flow statement accounts for the cash moving in and out of the company. It reflects the cash impacts of revenues, expenses, ...

A cash flow statement is a financial report that describes the sources of a company’s cash and how that cash was spent over a specified time period. It does not include non-cash items such as ...