Retained earnings are a saved portion of the company's profit that is not paid out to shareholders. Keeping a portion of profit back increases the amount of capital you have to expand your business or ...

A prior period adjustment is the result of a material error discovered in the financial statements of a prior period that have already been published. This error must ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Timothy Li is a consultant, accountant, and finance manager ...

Financial statements are written records of a business’s financial situation. They include standard reports like the balance sheet, income or profit and loss statements, and cash flow statement. They ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Katrina Ávila Munichiello is an experienced editor, ...

04 Apr 2024 (Johannesburg Stock Exchange) AYO Technology Solutions Limited has issued an update to its previously released financial statements, clarifying adjustments made following an audit ...

SOUTH SAN FRANCISCO, Calif., Feb. 16, 2024 (GLOBE NEWSWIRE) -- Allogene Therapeutics, Inc. (Nasdaq: ALLO), a clinical-stage biotechnology company pioneering the development of allogeneic CAR T ...

The International Financial Reporting Standards Foundation has published a set of near-final examples showing how companies can improve the reporting of uncertainties in their financial statements ...