Find out what to include in a cash flow statement, as well as its limitations and how cash flow is calculated.

Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ensuring accurate financial reporting.

Cash basis accounting records when cash actually changes hands in a transaction, providing a real-time view of your financial position that reflects the actual cash flow of a business or individual.

Both profit and cash flow are critical for the long-term viability of a business. Over the long run, profitable firms tend to have positive cash flow and accumulate a significant amount of cash. There ...

When evaluating the financial health of a business, cash flow is one of the most important metrics to consider. Cash flow represents the amount of money transferred in and out of an entity, ...

In the entertainment industry, there’s a term known as “Hollywood accounting.” It is the practice of manipulating how profitable (or unprofitable) a movie, show, or record album is through creative ...

FASB ISSUED CONCEPTS STATEMENT NO. 7 TO HELP CPAs who use present value and cash flow information as the basis for accounting measurements. Using Cash Flow Information and Present Value in Accounting ...

Your cash flow determines whether your company can stay in business. Income is high as long as sales are good; cash flow is only high if customers are paying you. If not enough cash comes in, you ...

One of the toughest rites of passage investors go through is learning how to navigate financial statements. In particular, understanding the difference between accounting income and cash flow is a ...

GeekWire chronicles the Pacific Northwest startup scene. Sign up for our weekly startup newsletter, and check out the GeekWire funding tracker and VC directory. by Kurt Schlosser on Feb 3, 2021 at ...

The first smartphones were released in 2007, and only 15 years later, we have phones that can do much more than simple calls and text messages. Most people are now fully equipped with a GPS device, a ...