Discover the key differences between compiled and certified financial statements, including auditing, reliability, and ...

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

FASB introduced a project intended to make financial statement disclosures more useful, organized and consistent, and less redundant. It will focus on developing a framework for improved GAAP ...

How to Read Financial Statements: A Practical Guide for Understanding Numbers Your email has been sent Learn how to read financial statements with simple tips that help you spot trends, connect ...

FASB took what appears to be two steps back from convergence with the International Accounting Standards Board (IASB) last week with a pair of major tentative decisions in its project on accounting ...

Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. Chances are you started your business to create freedom, ...

Financial leadership is no longer a “nice to have” skill. The leaders who thrive will be the most financially fluent.

Limited resources and the busyness of year-end operations make small businesses more vulnerable to financial challenges and mistakes. In this article, I highlight six of the most common financial ...