A balance sheet is a financial document that presents the financial status of a business through an accounting of a company’s assets, liabilities, and equity. A balance sheet, when looked at with a ...

The average liability increase is estimated to be 2.5 times higher than with the current accounting rules that go away at year’s end. A change is coming for private manufacturing companies: new ...

A balance sheet displays what a company owns, what it owes, how it's financed, and its shareholders' equity at a particular point in time. An income statement displays the company's revenues and ...