Discover the synergy between income statements, balance sheets, and cash flow statements for a full analysis of a company's financial health and performance.

Discover how to calculate and understand key income statement ratios to evaluate company performance, including gross margin, ...

The cash flow statement is a clear illustration of the physical cash generated and spent by a company during a specific period of time. The statement provides a clear perspective of the cash a company ...

The cash flow statement is unique in the fact that it spotlights only the actual cash transactions that the company has recorded, unlike most of the financial statements that follow the accrual ...

Reviewed by Andy Smith Fact checked by David Rubin Key Takeaways Operating expenses are essential daily business costs, separate from production expenses.Reducing operating expenses can increase ...

The Financial Accounting Standards Board (FASB) introduced a new accounting standard (ASU 2016-02) that requires companies to recognize operating lease assets and liabilities on the balance sheet. My ...

Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. How often do you read the profit and loss statement for ...

An income statement is a financial document that details the revenue and expenses of a company. Some investors and analysts use income statements to make investing decisions. The income statement, ...

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...