Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

Accountants sometimes include important notes regarding a company's assets, liabilities or equity on financial statements. Notes can be added as an attachment to a financial statement or as a footnote ...

GASB issued a concepts statement to guide the board when establishing note disclosure requirements for state and local governments — part of its response to research reexamining existing note ...

The Governmental Accounting Standards Board released a concepts statement Thursday to provide a conceptual framework for its work on note disclosure requirements for state and local governments. GASB ...

GASB issued a revised proposed concepts statement Tuesday that would guide the board when it establishes requirements for notes to financial statements for state and local governments. The proposal ...

The Financial Accounting Standards Board made two changes to its conceptual framework Tuesday and released a pair of accounting standards updates aimed at making disclosures in notes to financial ...

NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Standards Board (FASB) today issued two changes to the FASB’s conceptual framework and two Accounting Standards Updates (ASUs) that improve ...

In the concluding chapter on red flags relating to accounting statements, we look at notes to accounts, complex company structure, related party transactions and changes to accounting policy. Notes to ...

Analysis of Financial Statements Class 12 Notes: This article brings to you Revision Notes for Class 12 Accountancy Chapter 4 Analysis of Financial Statements. A PDF download link has also been ...