Companies must produce a series of financial statements to provide information on the their activities, net worth and viability. There are three main financial statements maintained by companies and ...

Income statements, balance sheets and cash flow statements. If you're running a business, you probably have some knowledge of basic financial statements and how to use them. But do you know why ...

Breaking Down Financial Statements Whether you’re a seasoned investor or just trying to get a better handle on finance, ...

Financial statements are written records of a business’s financial situation. They include standard reports like the balance sheet, income or profit and loss statements, and cash flow statement. They ...

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 ...

Amortization of a company's intangible assets can take as long as 40 years, depending on the types of assets disclosed on the company's financial statements. How these assets affect financial ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Investopedia / Jake Shi A restatement ...

In today’s corporate environment, financial statements serve as the cornerstone of stakeholder decision-making. However, the increasing use of impression management techniques in financial reporting ...

We file our annual financial statements according to the International Financial Reporting Standards, adopted by the European Union. These statements, which include independent auditors' reports and ...