The definition of financial independence is a little different for everyone. Here’s what financial advisors say.

A balance sheet shows a company's assets, liabilities, and shareholder equity at that point in time. Learn how they work, how to read one, and why they're important.

OMB’s memorandum is a major step forward. It recognizes that modern financial reporting must serve the public interest, not ...

White & Case attorneys discuss the changing scope of the internal accounting controls provision under Section 13(b)(2)(B) of ...

Federal financial management experts say OMB’s update to how agencies and auditors complete federal financial statements has been a long-time goal.