Financial statements are reports compiled by businesses that detail the company's financial activities and health. Financial statements are often audited by government agencies and accountants to ...

A P&L statement contains details about a company’s financial circumstances. It generally has the following sections: Due to how comprehensive it can be, the P&L statement paints a clear picture ...

Cash flow is how we measure the actual money flowing through a business that can sometimes be hidden behind complexities. A cash flow statement is a financial statement that provides details on ...