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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Cierra Murry is an expert in banking, credit cards, investing, loans, mortgages, and real ...

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 ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Katrina Ávila Munichiello is an experienced editor, ...

A written report of the financial condition of a firm. Financial statements include the balance sheet, income statement, statement of changes in net worth and statement of cash flow. The first step in ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

Bank statements provide an overview of your account activity, from balances to transaction history, during a specific period of time. Checking your bank statements regularly can help you detect ...

Yoel Inbar, a psychology professor, thought he might be teaching at U.C.L.A., but his reservations about diversity statements got him in trouble. Diversity statements are a new flashpoint in campus ...