If you're interested in investing, you've probably read quite a few articles that say "do your homework" before buying a stock. Reading and understanding a balance sheet is part of that homework.

A few months ago, we published a column entitled, “Understanding Financials: Your Income Statement.” To re-read that e-column, click here. The balance sheet is another of the financial statements ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. As the name implies, a balance sheet should reveal ...

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 ...

Insurance companies confound many Americans, with costly premiums that often provide no obvious benefit during good times and with difficult processes to follow when you do need to make a claim. Yet ...

Learn what a dangling debit is, its implications for financial statements, and why it's crucial for audits. Discover how it ...

A balance sheet is a company's financial big picture for a particular moment in time. Every financial decision a business makes will eventually land on the balance sheet but understanding how the ...

At the 67th Annual Meeting of the National Association for Business Economics, Philadelphia, Pennsylvania Monetary policy is more effective when the public understands what the Federal Reserve does ...

If you’ve ever wondered what your bank is invested in, there’s good news for you. Yes, good news, even now with everyone worried about the safety and soundness of their bank — because as it happens, ...

Some companies find that offering incentives to credit customers can help encourage early payments, increasing cash flow and reducing the risk of bad debt. A sales discount is one incentive that many ...