Understanding Single-Step and Multiple-Step Income Statements

Discover the differences, advantages, and drawbacks of single-step vs. multiple-step income statements for better financial ...
Finextra

Understanding Audited Financial Statements: What to Include

More than just paperwork, audited financial reports show that the numbers for your business add up. Knowing what goes into an audited statement and why it matters can help you gain confidence with ...

Understanding Pro Forma vs. GAAP Financial Statements: Key Differences

Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the ...
TechRepublic

How to Read Financial Statements: A Practical Guide for Understanding Numbers

How to Read Financial Statements: A Practical Guide for Understanding Numbers Your email has been sent Learn how to read financial statements with simple tips that help you spot trends, connect ...
JournalofAccountancy

IFRS 18: A fundamental redesign of financial statement presentation

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...
JournalofAccountancy

Amendment clarifies CPAs’ financial statement preparation engagements

The AICPA Accounting and Review Services Committee (ARSC) voted Wednesday to issue an amendment clarifying that a CPA preparing financial statements as part of a consulting services engagement ...