Companies use the percentage of sales method to turn a revenue forecast into a full forecast of business activity, helping them make decisions on such things as purchasing, hiring and capital ...

Companies that use accrual basis accounting can assemble their statement of cash flows in one of two ways, using either the direct method or the indirect method. The more commonly used indirect method ...

Discover how different depreciation methods affect long-term asset values and short-term earnings, plus key assumptions that ...

Start by looking at cash flow from operations, the section that tells you how much money the company’s main business is ...

Create and customize an income statement to fit your business's needs, then save, print or send. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

A cash flow statement is a financial report that describes the sources of a company’s cash and how that cash was spent over a specified time period. It does not include non-cash items such as ...

The general tax rules for income recognition under an accrual method of accounting were changed in the law known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, which added new Secs. 451(b) and (c).

Cash flow is, understandably, one of a company’s most significant concerns. To stay on top of this vital financial metric, business owners rely on accurate, consistent cash flow statements. These ...

Explore the key differences between successful-efforts and full-cost accounting methods for oil and gas companies, including their impact on expenses and financial transparency.

Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...

Strong portfolio management rules are a defining characteristic of our Income Method. Today, we're diving into a divisive topic to explain our viewpoint and guidelines. This isn't rocket science, but ...