If you’ve ever looked at a company’s financial statement and felt lost in the numbers, you're not alone. Terms like revenue, ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. In financial accounting — one of the most common types ...

The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...

Accounting income is distinct from cash flows, particularly money a business has in its coffers at the end of given period such as a month or fiscal year. Various regulatory guidelines highlight these ...

Unrealized gain is an income statement category reserved for investment income that a company expects to receive in the future. Think of it as money on paper rather than cash in the bank. When the ...

The Financial Accounting Standards Board proposed an accounting standards update Monday to give investors more information about a company's expenses. The proposal would require public companies to ...

Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Financial accounting focuses on reporting a company's financial position to external ...

The Financial Accounting Standards Board released an accounting standards update Monday to improve financial reporting by requiring public companies to disclose, in their interim and annual reporting ...

Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. David Kindness is a Certified Public Accountant ...

Create and customize an income statement to fit your business's needs, then save, print or send. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

The Cash Flow Statement is a secret weapon for analysts and investors, a way to see through the accounting tricks companies ...

Alongside the balance sheet and the cash flow statement, the income statement is one of the “big three” financial reporting documents every public company needs to produce each quarter. It’s a summary ...