Three Basic Financial Statements for a Business
This article will tell you about the three types of financial statements that every company needs to maintain. These statements show the financial health and well-being of the company, and this information proves vital to many...
Share
Objectives of Financial Reporting
There are numerous goals of financial reporting that are important for proper functioning of economy and to avoid frauds. Numerous national level organizations overview the financial reports of firms so that they don't cheat or...
Share
An Overview of Business Financial Reporting
Business financial reporting is the provision of financial information of a commercial entity to its stakeholders. Its main element is business report writing, which consists of confidential financial statements. This article...
Share
Expense Report Sample
Organizations use an expense report to record the expenditure incurred by the employees during a business trip. In this article, we will take a look at some sample expense reports.
Share
Financial Statement Examples
Example of a financial statement
Financial statements are documents that give an overview of the financial condition of a business entity. Here is some useful information on what these statements actually incorporate; samples of the different financial statements...
Share
Horizontal Analysis
Horizontal analysis is one of the foremost techniques in financial management and analysis. It is very useful in calculating the growth of an item over a timeline that the analyst chooses.
Share
Income Statement Template
What is the best way of making an easy-to understand and easy-to-use income statement? Since it is a formal affair, you can pick out an example of your choice and go along with it.
Share
Profit and Loss Statement Sample
Financial statements present the well-being of a company in quantitative terms. When we discuss financial statements, we refer to the income statement (profit and loss statement), the balance sheet, and the statement of cash flow....
Share
Basic Financial Statement Analysis
One of the key motives to conduct a basic financial analysis is to see and observe, from the financial perspectives, how a business organization is doing. In the following article, a set of brief guidelines and some essential...
Share
Retained Earnings Statement
Retained earnings statement is an important document for a company, as it helps in analysis and proper management of its earnings. In this article, we have explained its use and also provided the calculation method.
Share
Profit and Loss Statement Template
This article will give you a profit and loss statement template that you can use for reference while you work out the intricacies of accounting systems.
Share
Personal Financial Statement Template
When it comes to personal finance, complex laws of accountancy are not needed, since the frequency, volume, and number of transactions is quite less. For an individual, the process of making financial statements would serve to be...
Share
What is a Multi-Step Income Statement?
If you are planning to invest in the stock market, then you need to understand the basic financial terminologies, such as multi-step and single-step income statements, balance sheet, statement of cash flow, etc. This will help you...
Share
Income Statement Format
How to prepare an income statement format which is easy to understand and update? Here's an article which will teach you the correct income statement format.
Share