What Else Do Financial Records Include? Other than the most common line items found in financial statements, investors can also read the lesser known items, such as the footnotes, which often contain ...

Explore off-balance sheet activities, their types, and examples to assess financial health and transparency, aiding investors ...

Learn to assess a company’s financial health using key ratios and industry benchmarks. Discover how financial statements ...

Every lender’s mortgage statement might look a bit different, but it’ll generally provide the same basic information. Knowing what it includes and how to read it can help you keep track of payments ...

Q. I read the JofA article last month about performing horizontal, vertical, and trend analyses in Excel. How can Excel be used to organize these analyses and highlight possible red flags in a company ...

State and local governments have applied inconsistent approaches to identifying and disclosing subsequent events. In December 2025, the Governmental Accounting Standards Board (GASB) issued Statement ...

Q. I often perform horizontal, vertical, and trend analysis for clients. Each time revised financial statements arrive, I find myself recreating formulas, rechecking ranges, and confirming that ...

The IFRS Foundation has issued 'Disclosures about Uncertainties in the Financial Statements,' addressing practical application of the disclosure requirements in IFRS Accounting Standards. The ...

Editor’s Note: This post is focused on helping you understand profit and loss statements. This financial statement is used by most small business owners to help assess business profits and losses ...

The statement balance tells you how much you owe after a single billing cycle. For a more up-to-date account of your credit card debt, check the current balance. Every month, you get an account ...