Small business owners spend considerable time soliciting customers and managing employees. But the long-term objective is to make a profit and grow the company. A major responsibility of the manager ...

You would be surprised how many entrepreneurs don't truly understand the financials of their business. Yes they are creating them out of Fresh Books or Xero, and they most likely focus on high level ...

While you may consider a balance sheet to be an essential financial statement for a company, assessing your own personal assets, equity and wealth in a well-laid-out financial report is equally ...

The trial balance report provides detail of the account balances in the general ledger. Trial balance reports are helpful in identifying missing entries or expense posting concerns in the ledger ...

A balance sheet displays what a company owns, what it owes, how it's financed, and its shareholders' equity at a particular point in time. An income statement displays the company's revenues and ...

Mergers and acquisitions (M&A) are pivotal events in the corporate world, presenting unique opportunities for growth, diversification and competitive advantage. The balance sheet, a fundamental ...

Here are some tips to help you understand how an escrow account works, what your escrow analysis means and how to be better prepared for any changes.

A balance sheet provides a snapshot of a company's assets, liabilities and equity at a specific point in time, while an income statement summarizes its revenues and expenses over a period to show ...