A company’s long-term success hinges on its financial health. In a competitive market, stable companies may come out on top while unstable companies can struggle to survive. One of the clearest ways ...

Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

The traditional and contribution margin income statements both communicate a company's revenues, expenses and profits or losses for an accounting period. The top line is revenue and the bottom line is ...

What Is An Income Statement? An income statement lists a company’s income, expenses, and resulting profits over a specific time frame, usually a quarter or fiscal year. Companies create income ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.