Federal financial management experts say OMB’s update to how agencies and auditors complete federal financial statements has been a long-time goal.

OMB Chief Russell Vought calls for using a single-year model to present financial statement audits to help improve financial ...

Financial statements that have been thoroughly audited and certified are meant to be trustworthy. Because the audit is conducted by an independent body, it can provide a clear and unbiased picture ...

Income statements, balance sheets and cash flow statements. If you're running a business, you probably have some knowledge of basic financial statements and how to use them. But do you know why ...

Every financial statement has a specific purpose, and each one has specific objectives. In a public company, these objectives center on complying with full disclosure and Financial Accounting ...

White & Case attorneys discuss the changing scope of the internal accounting controls provision under Section 13(b)(2)(B) of ...

Understand the basics of financial statements and how to analyze them to learn more about a corporation. The most important are balance sheets, income statements and cash flow statements.

Cash flow statements reveal money flow in/out of a business, divided into operations, investments, and financing. Operating cash flow reflects the cash transactions from core business activities ...

A simple outline illustration of a calculator, piece of A4 paper, and a British Pound coin stacked together on a blue background. Course details. Department. Department of Accounting; Application code ...

An outline of your company's growth strategy is essential to a business plan, but it just isn't complete without the numbers to back it up. Here's some advice on how to include things like a sales ...