Every company produces three important financial reporting documents when the fiscal period comes to a close: the balance sheet, cash flow statement, and the profit and loss statement. Among these, ...

Breaking Down Financial Statements Whether you’re a seasoned investor or just trying to get a better handle on finance, understanding financial statements is a skill worth having in your toolkit. Sure ...

At the heart of financial analysis lie three primary statements: The Income Statement: This statement, often referred to as ...

In the first part of this series we dealt with the balance sheet ("Understand your financial statements," September, pg. 30), and now we are going to move onto the profit-andloss statement, hereafter ...

Annual and quarterly documents such as profit-&-loss statements are routinely audited by Certified public accountants (CPAs) at publicly traded companies. Profit-&-loss statements, also referred to as ...

For a business, shoddy record-keeping is always counterproductive, as is the overstating or understating of accounts receivable in financial statements. As a result, top leadership typically sets ...

Business owners need to understand how their business uses cash and how to spend the cash that comes in effectively. The best way to do that is through a budget.

One of the highlights of PSA-TEC 2025 in Denver for me was an educational session that I had the privilege of co-hosting: “Effective Leadership Using P&L Statements.” Led by PSA CFO Allen Riggs, the ...

From misinterpreting financial statements to making uninformed investment decisions, these critical oversights could be draining your company’s lifeblood without you even knowing it. Cash Flow Blind ...

Jason Morris has 9+ years of experience as a financial professional. He is currently a controller for Nucorp, the largest steel producer in the U.S. Suzanne is a content marketer, writer, and ...

MAS P.L.C. has published its condensed consolidated interim financial statements for the six-month period ending 31 December 2023. The release includes a detailed Results Presentation and Company ...

A profit and loss statement (P&L), also known as an income statement, provides a summarized view of a company's financial performance over a specific period. It lists revenue, costs and expenses, ...