Financial statements are vital for businesses, from international corporations down to limited liability companies. These statements give investors an in-depth, accurate picture of a business’s ...

Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

AMONG ENRON’S PROBLEMS WAS ITS USE of variable interest entities, which allowed it to leave significant amounts of debt off its balance sheet. In response to concern about this practice, FASB issued ...

The House of Representatives Public Accounts Committee on Monday directed the Offices of the Accountant-General of the Federation and the Auditor-General for the Federation to prepare and submit the ...