Q. I am struggling to fill out the financial statement form. My lawyer said to just fill it out and don’t worry about it. But my friend said I need to be super careful because if we don’t settle even ...

A business transaction, such as obtaining financing, often requires companies to provide financial statements that have been evaluated by an outside independent party. Accountants are outside parties ...

Financial statements are the annual record of a business's profit and loss for the year. They are usually divided into two parts: an income statement which reflects the business's net income, and a ...

According to the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies, financial statement representations are universally required from sellers in private company ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. David ...

Tax-exempt organizations are working through the biggest change to not-for-profit financial reporting in 25 years. FASB Accounting Standard Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958 ...