Learn about consolidated financial statements, the criteria for aggregation, reporting guidelines, and practical examples for parent companies with subsidiaries.

Interpreting the financial health of a corporation requires an understanding of its financial statements. The three main ones are balance sheets, income statements and cash flow statements. All are ...

Learn how to find financial statements for any public company and about the ratios most frequently used to interpret them. Seating is limited and is on a first come, first seated basis. Learn how to ...

A vertical analysis is used to show the relative sizes of the different accounts on a financial statement. For example, when a vertical analysis is done on an income statement, it will show the top ...

Learn how to prepare an up-to-date profit and loss statement, balance sheet and statement of cash flows. Many, or all, of the products featured on this page are from our advertising partners who ...

There are dozens of financial ratios and their meanings help business owners evaluate the financial health of a company. Financial ratios can be broken into six key areas of analysis: liquidity, ...

General ledger records each transaction both as a debit and a credit, ensuring balance. Understanding the general ledger aids in interpreting financial statements like balance sheets. Investors can ...

IN CERTAIN INSTANCES CPAs SHOULD CONSIDER preparing and reporting on financial statements using an “other comprehensive basis of accounting” (OCBOA). Tax-basis and cash-basis, including ...

Discover what a payoff statement entails, its uses, and critical features for mortgages and loans, plus how it impacts your financial planning and loan payoff.

Financial literacy is everyday talk in the personal finance space. Still, when you are a business owner, you need to up your financial literacy game and get familiar with business finance, the ...

According to a US Bank study, 80 percent of new businesses fail because of poor cash flow management. Starting a business isn’t all fun and games, there’s a lot of financial management involved and if ...

This class demonstrates where and how to find financial statements for any public company. Also introduces and demonstrates the ratios most frequently used to interpret financial statements. Seating ...