The Financial Accounting Standards Board proposed an accounting standards update Monday to give investors more information about a company's expenses. The proposal would require public companies to ...

From misinterpreting financial statements to making uninformed investment decisions, these critical oversights could be ...

While net profit is a key profitability indicator, it doesn't reflect liquidity. Many profitable companies face negative cash ...

An income statement is your business’s bottom line: your total revenue from sales minus all of your costs. Financial data is always at the back of the business plan, but that doesn’t mean it’s any ...

Companies will have to disclose more details about the income taxes they pay to government authorities under new requirements approved by the Financial Accounting Standards Board, a move to provide ...