Financial statements are reports released by a company with data like profitability and revenue. It’s used by investors to gauge the health of the company. Learn about the 3 main types.

Common size financial statements commonly include the income statement, balance sheet, and cash flow statement. Common size financial statements reduce all figures to a comparable figure, such as ...

How they work How balance sheets work. A balance sheet is a financial statement that shows a business's current financial state and calculates the book value, or investors' equity, in the company ...

A bank reconciliation statement can help you prepare financial statements, spot fraud and ensure you make business decisions rooted in accurate data. Learn more.

Cash flow statements reveal money flow in/out of a business, divided into operations, investments, and financing. Operating cash flow reflects the cash transactions from core business activities ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of ...

Because financial statement preparation is not an attest service, ARSC determined that excluding such engagements would not adversely affect the public interest. CS Section 100 states that the general ...

ROCK ISLAND ARSENAL, Ill. -- The U.S. Army Joint Munitions Command is preparing to have all its financial statements auditable under a new Department of Defense requirement. In fiscal year 2012 ...