A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to ...

Discover what accounting changes are, how they affect financial statements, and why full disclosure is essential for ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

A statement of shareholder equity can tell you if your business is doing well or if it's time to fine-tune some of your ...

Inflation, tariffs and interest rates — plus anxiety-induced overspending — had our wallets feeling empty this year.

Discover why IFRS prohibits LIFO accounting, including issues like distorted financials, outdated inventory values, and ...

Travis Gettys is a senior editor for Raw Story based in northern Kentucky. He previously worked as a web editor for WLWT-TV and a contributing writer for the Kentucky Enquirer, and he also wrote for ...

The end of the year is an ideal time to review your budget, emergency fund and debt repayment plans. Experts suggest preparing for tax season now by organizing receipts, checking withholdings and ...

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...

The Philadelphia Eagles were tested on Sunday night, but answered the call. Philadelphia has had a gauntlet of a schedule so far this season and that continued on Sunday night with a matchup against ...

Dave Ramsey is a popular figure in the personal finance space, and many of his followers gain tremendous value and are able to build wealth from following his well-known financial advice. While many ...

Private equity firm Aquarian Capital has agreed to acquire Brighthouse Financial, a major provider of life insurance and annuities, in an all-cash transaction valued at approximately $4.1 billion, or ...