The Governmental Accounting Standards Board has issued a concepts statement that will guide GASB in establishing accounting and financial reporting standards for U.S. state and local governments ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

Anyone going into business needs to be familiar with the concepts of assets and liabilities, revenue and expenses. If your business were a living organism, these would be its vital signs. Assets and ...

Financial statements are key to understanding the underlying drivers of a business—i.e., how your business is growing, what the margin profile is, how much cash it is generating and using and from ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. David ...

We once asked a banker and chief executive about his decision to lend to a startup technology company that later became a big success. The banker took out a sheet of paper and wrote two words: "assets ...