A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to ...

Learn how to prepare an up-to-date profit and loss statement, balance sheet and statement of cash flows. Many, or all, of the products featured on this page are from our advertising partners who ...

Your small business needs a variety of financial statements to function in the business community. In some cases, financial statements are useful. In other cases, they're required. You can use ...

Learn 12 essential things about financial statements that investors need to know. These insights can guide smarter investment ...

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 ...