Explore how accounts receivable impact cash flow and investment decisions. Learn why high or low receivables can signal financial health or potential risk.

Accounts receivable is one of the most important financial accounts that small businesses keep track of. This is because the receivable account reflects the balance of all money owed to the business ...

A balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholder's equity. A balance sheet is a type of financial statement. It gives you an ...

If you overstate your company's assets, you may be breaking the law. Since 2008, federal rules say you have to value assets at the probable price they'd fetch when sold. In 2012, KCAP Financial paid ...

A financial statement that lists the assets, liabilities and equity of a company at a specific point in time and is used to calculate the net worth of a business. A basic tenet of double-entry ...

Learn how general provisions function as financial safeguards, set aside by companies to cover potential future losses, and the regulations that guide their use.

Contra accounts adjust asset values, like equipment depreciation reducing fixed assets. Increased allowance for doubtful accounts may signal rising uncollectable receivables. Companies use contra ...