How important are Safe Work Method Statements in managing risk in the workplace, and what should HR professionals know about them? We have all heard the phrase “recipe for disaster”, but what would ...

Unlike the balance sheet approach, which emphasizes the collectability of accounts receivable, the income statement approach ...

If your company holds substantial ownership interests in other businesses, you might need to prepare consolidated financial statements that combine the profits, losses and other financial activities ...

The statement of cash flows, also known as the cash flow statement, summarizes a company's sources and uses of cash. The net cash flow is the difference between a company's cash inflows and outflows.

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.