Discover how cash purchases impact a company's income statement and where to find detailed records in financial reports.

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

An income statement is your business’s bottom line: your total revenue from sales minus all of your costs. Financial data is always at the back of the business plan, but that doesn’t mean it’s any ...

Your company's accountant, controller or chief financial officer oversees the accounting and finance functions. If your company is small, this responsibility will be yours, or you can enlist the aid ...

All publicly traded companies are required to release financial statements quarterly so investors can get a sense of how the business is doing. There are three main financial statements investors ...