Accountants often help companies prepare balance sheets for internal and external use. Balance sheets organize a company's financial data in a standardized manner that can be easily read and ...

A balance sheet is a company's financial big picture for a particular moment in time. Every financial decision a business makes will eventually land on the balance sheet but understanding how the ...

The Balance Sheet represents the financial position of the University and Business Areas at a particular point in time. The Balance Sheets are represented as Assets, Liabilities, and Equity/Fund ...

Julia is a writer in New York and started covering tech and business during the pandemic. She also covers books and the publishing industry. With over a decade of editorial experience, Rob Watts ...

Creative accounting can come in many different forms. It can also occur in many different ways. Keep in mind that certain loopholes exist that may help a company legally spin its financial reporting ...

Financial statements are essentially the report cards for businesses. They tell the story, in numbers, about the financial health of the business. The information found on the financial statements of ...

For February 27, my forensic accounting needle in a haystack comes from an airline that early adopted a new accounting standard related to its operating leases. Analyst Peter Apockotos found an ...

The new lease accounting standard caused lease liabilities for the average company to increase a whopping 1,475 percent, skyrocketing from $4.4 million before the transition to $68.9 million post ...

A big change in lease accounting due in January of 2019 will affect every public and private company in the U.S., just like the tax revamp and the new rules for recording revenue that took effect for ...

In the previous issue, we republished a column from 2008 to help readers who might be confused or even baffled by the massive paradigm shift contained in the recent lease accounting exposure draft ...

An operating Bank Treasury has to perform many functions in order ensure the regulatory compliance, risk appetite is adhered to and sufficient liquidity is available to the Bank in the normal course ...