Audited financial statements require CPA verification and provide high assurance. They're used for SEC compliance, major bank loans, investor funding and more.
Learn what every business owner needs to know about financial accounting, accounting software and financial statements.
On January 22, 2025, Nordic American Tankers Ltd. (NAT) announced several recent transactions highlighting its financial activity and position. The company declared a purchase option for a 2018-built ...
The International Accounting Standards Board published a consultation document Wednesday with eight proposed illustrative examples showing how companies could apply International Financial Reporting ...
For a business, shoddy record-keeping is always counterproductive, as is the overstating or understating of accounts receivable in financial statements. As a result, top leadership typically sets ...
The two types -- or methods -- of financial accounting are cash and accrual. Although they're distinct, both methods rely on the same conceptual framework of double-entry accounting to record, analyze ...
Enters Into Transaction Support Agreement with Existing Creditors That Extends Maturities, Providing Financial Flexibility to Advance Strategic Plans DENVER, August 14, 2025--(BUSINESS WIRE)--Zayo, a ...