Charities and other nonprofit organizations are known best for the charitable causes they serve, but increasingly, they are using strategies and techniques borrowed from the for-profit business world.

A company's income statement is often called by another name--the bottom line. An income statement is useful for an investor looking to determine a business' earning potential and likelihood of future ...

You might feel a little overwhelmed by the many facts and figures used to evaluate a corporation's financial condition. One of the figures that you need to calculate and understand is the return on ...

GASB issued guidance Wednesday for state and local governments to address asset retirement obligations related to tangible capital assets. Statement No. 83, Certain Asset Retirement Obligations, sets ...