The household balance sheet accounts for current and future assets and cash flows, so that you can judge whether your current assets are sufficient to meet future expected spending. You get one chance ...

Running a successful business requires a lot more than showing up at the office and promoting your products or services. Successful small business owners understand that always knowing where their ...

No accounting term generates more fear and confusion for business owners than the words "balance sheet." Most owners review their profit-and-loss statement regularly but only give their balance sheet ...

Previously, we discussed some ways to improve cash flow within a company. This evolved from a question that was posed by contractors on a message board regarding the difference between profits and ...

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 ...

If you’ve ever looked at a balance sheet and immediately wanted to slam your laptop shut, you’re not alone. Most business owners don’t come from accounting backgrounds, and the sheer volume of numbers ...

Usually, entrepreneurs launch businesses because they want to turn their passion for something into profit. However, to ensure that a great idea translates into a viable business with growth potential ...

The balance sheet of a company that operates as a partnership has the same basic outline as the balance sheet of a corporation. Both types have three sections: assets, liabilities and equity. By ...

LONDON (Reuters) - Future restructurings are likely to focus on addressing fundamental balance sheet and business issues in troubled companies rather than providing a quick fix, a senior Deloitte ...

Insurance can seem complicated, but it doesn't have to be. Get the basics here. Insurance companies confound many Americans, with costly premiums that often provide no obvious benefit during good ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. The balance sheet, income statement, and cash flow ...

Today’s article is a part of the Forward Thinking Education Series presented by Legacy Bank, the Latino Chamber of Commerce and the Pueblo Chieftain. Webinars further discussing this and other ...