What could your business do with an extra $1 million in cash? Borrow less? Invest in new equipment? Hire staff to help grow your sales? The answers likely depend on the goals for your specific ...

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 ...

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. A settlement statement summarizes terms and costs at a transaction's closing phase. Mortgage ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. David ...

Many banks charge you a few dollars per month for mailing paper bank statements to your home. You can avoid paper statement fees by opting for paperless statements online. If you don't like banking ...

A bank statement is a document that shows your transactions over a period of time. Most banks provide free bank statements online or mail paper statements to your home. You'll need to provide a bank ...

An annual report helps a business owner understand the health of his company and determine areas of growth or possible reduction. A complete annual report consists of the cash flow statement, balance ...

John D. Haltigan sued the University of California at Santa Cruz in May. He wants to work there as a professor of psychology. But he alleges that its hiring practices violate the First Amendment by ...

IN CERTAIN INSTANCES CPAs SHOULD CONSIDER preparing and reporting on financial statements using an “other comprehensive basis of accounting” (OCBOA). Tax-basis and cash-basis, including ...