Through the Great Depression and the current recession, despite the Enron and Arthur Andersen meltdowns and a slew of legislation, the balance sheet – an indicator of a company’s health – has remained ...

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 ...

The link between a balance sheet and an income statement is obvious, but it's also tricky. The more income your business earns, the more value should show up on its balance sheet. But the calculations ...

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 ...

Articles on balance sheets – the key financial statement that provides a snapshot of a company’s financial position at a specific point in time. Here, Lee Murphy of Pandle explains how to create a ...

To understand what a provisional balance sheet is, it first helps to explain how a balance sheet works. Balance sheets are financial statements that businesses use. They provide information about the ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Creative accounting can be spotted by analyzing a ...

Nearly every financial crisis can be traced back to a foundation of weak balance sheets that cracked under the pressure of excessive debt. Companies, households, and governments load up on debt during ...