While the Income Statement is excellent for seeing at a glance whether or not your business is profitable, a deeper analysis can reveal...

If you've ever heard the phrase, "What's the bottom line?", then you know what an Income Statement is. The "bottom-line" everyone is...

Cash flow is the lifeblood of any business. While many small business owners are concentrating on the bottom line (Net Income), few are...

The Cash Flow statement is one of the essential financial statements for small-business owners to understand, yet a surprising number of...

Understanding the two major types of accounting is a major milestone in more clearly understanding your financial statements.