Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Financial ratios are calculations that compare two (or more) pieces of financial data that are normally found in a company's financial statements. Ratios can be invaluable to investors making ...

Income statements, balance sheets and cash flow statements. If you're running a business, you probably have some knowledge of basic financial statements and how to use them. But do you know why ...

If there's one thing Motley Fool Answers hosts Alison Southwick and Robert Brokamp enjoy, it's hearing from their listeners, so they particularly relish the monthly mailbag episode. But even they can ...

Learn how XBRL enhances financial data sharing globally, utilizing XML for standardized accounting information exchange crucial for investors and businesses.

While all financial statements prepared by accountants are connected in some way to profits, the income – or profitability – statement is the one that provides the most details of revenues and ...

In the rapidly evolving landscape of financial analysis, using new AI tools is becoming essential for staying ahead of the curve. Copilot, a groundbreaking AI-powered tool from Microsoft powered by ...

A few times in my consulting and accounting career, I have had to explain very basic financial topics to seasoned business owners. I have talked to VPs of billion-dollar companies that didn’t ...

GASB issued a revised proposed concepts statement Tuesday that would guide the board when it establishes requirements for notes to financial statements for state and local governments. The proposal ...

GASB issued a concepts statement to guide the board when establishing note disclosure requirements for state and local governments — part of its response to research reexamining existing note ...

Listener Anthony wants to be informed about how the companies in his portfolio are doing, but parsing those reports is no joke. If there's one thing Motley Fool Answers hosts Alison Southwick and ...