Learn about footings in accounting: how they function in balance sheets, their importance in finalizing balances, and a ...

Audited financial statements are independent CPA evaluations costing thousands. They include balance sheets, cash flow, ...

Financial statements comprise three important written records: the cash flow statement, the income statement and the balance sheet. Companies furnish financial statements to provide information on ...

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

Financial statements come in many shapes and sizes. The process of constructing financial statements is an art and a science geared towards communicating information clearly and accurately, and also ...

Learn 12 essential things about financial statements that investors need to know. These insights can guide smarter investment ...

Business decisions are often driven by data, so the accuracy and reliability of financial statements are paramount. One misstep in financial reporting can have far-reaching consequences, eroding ...

The new audit risk standards require the auditor to understand and respond to risks of material misstatement, whether due to errors or fraud. In reaching that understanding, auditors should identify ...

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...

Financial Optics just released a new guide on how to spot red flags in financial statements. And for any business, this is essential information for keeping an accurate reflection of financial health.