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 ...

Running a successful business requires a lot more than showing up at the office and promoting your products or services. Successful small business owners understand that always knowing where their ...

A few months ago, we published a column entitled, “Understanding Financials: Your Income Statement.” To re-read that e-column, click here. The balance sheet is another of the financial statements ...

Some business owners are tempted to leave their balance sheets to their accountants, but it is important for leadership to understand how to read their balance sheets in order to keep an eye on their ...

Usually, entrepreneurs launch businesses because they want to turn their passion for something into profit. However, to ensure that a great idea translates into a viable business with growth potential ...

If you’ve ever looked at a balance sheet and immediately wanted to slam your laptop shut, you’re not alone. Most business owners don’t come from accounting backgrounds, and the sheer volume of numbers ...

Accumulating a deficit is the opposite of accumulating gain. It means that over time, the business's debts are greater than the earnings reported on the balance sheet. Suppose your business earned a ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. The balance sheet, income statement, and cash flow ...

LONDON (Reuters) - Future restructurings are likely to focus on addressing fundamental balance sheet and business issues in troubled companies rather than providing a quick fix, a senior Deloitte ...

Insurance can seem complicated, but it doesn't have to be. Get the basics here. Insurance companies confound many Americans, with costly premiums that often provide no obvious benefit during good ...

Today’s article is a part of the Forward Thinking Education Series presented by Legacy Bank, the Latino Chamber of Commerce and the Pueblo Chieftain. Webinars further discussing this and other ...