What You Need to Know About Assets

What You Need to Know About Assets

There are a few key points that you need to know about assets as they affect financial reports.  Here they are: Assets help show how much your company is worth. Investors, bankers and other creditors take interest in the amount of assets on a balance sheet.  The main...
Three Important Financial Reports

Three Important Financial Reports

In this article, we introduce three important financial reports: A balance sheet An income (or profit and loss) statement A cash flow statement In fact, every publicly traded company – a company that allows people to buy stock in it – provides these reports for their...