Discover how share premium accounts are positioned on balance sheets and their strategic financial uses, including issuing bonus shares and expense coverage.

Accounts receivable represents the dollar value of business that your company has transacted for which it has not yet received payment. It appears on the "assets" side of your balance sheet. A balance ...

An audit is an inspection of a company's accounting records, usually done by an independent certified public accountant. Audits are performed in an effort to determine whether a business is ...

The Balance Sheet represents the financial position of the University and Business Areas at a particular point in time. The Balance Sheets are represented as Assets, Liabilities, and Equity/Fund ...

Discover how accounts payable function as short-term liabilities, not expenses, and learn how they impact a company's ...

A company's financial statements—balance sheet, income, and cash flow statements—are a key source of data for analyzing the investment value of its stock. Stock investors, both the do-it-yourselfers ...

Previously, we discussed some ways to improve cash flow within a company. This evolved from a question that was posed by contractors on a message board regarding the difference between profits and ...

When Lubbock, TX-based City Bank was deciding how to boost its deposit levels, COO Cory Newsom says it turned to a new type of sweep account offered by Reserve Funds, which specializes in retail money ...

The household balance sheet accounts for current and future assets and cash flows, so that you can judge whether your current assets are sufficient to meet future expected spending. You get one chance ...

A financial statement that lists the assets, liabilities and equity of a company at a specific point in time and is used to calculate the net worth of a business. A basic tenet of double-entry ...