Financial statements
The basic guide to a statement of cash flows
Want to really understand your cash flow? This is the report that will tell you where and how. The statement of cash flows provides information …
The basic guide to a balance sheet
The balance sheet, sometimes referred to as a statement of financial position, reports on the financial condition of your business at a specific point in …
The basic guide to an income statement
Of the three main financial reports, the income statement is typically the best understood. After all, it shows your business’s bottom line so it’s of …
Simple financial statement fundamentals
You check out your income statement to see how much money your business is making and know about the balance sheet and statement of cash …
Why your business needs proper financial statements
As year end approaches, it becomes important to prepare financial statements for your business (income statement, balance sheet and cash flow). While you may have