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

Balance sheets consist of assets, liabilities, and shareholders' equity, revealing financial health. Shareholders' equity equals assets minus liabilities and reflects theoretical investor value if a ...

Learn how to identify creative accounting practices that manipulate balance sheets, impacting assets, liabilities, and equity for perceived financial performance.

If you’ve ever looked at a balance sheet and immediately wanted to slam your laptop shut, you’re not alone. Most business owners don’t come from accounting backgrounds, and the sheer volume of numbers ...

Reviewed by Michael J Boyle Fact checked by Yarilet Perez Key Takeaways The Fed's balance sheet includes Treasuries and mortgage-backed securities.Fed liabilities include U.S. currency in circulation ...