The Income Statement

The Income Statement

As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  An important part of financial literacy for a business, among all of the reports, is the income statement. Definition The income...
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...