An income statement is one of the three major financial statements that businesses issue. Learn how it is used to track revenue, expenses, gains, and losses.

Unique characteristics are included in the balance sheet and income statement of a bank's financial statements that help investors decipher how banks make money.

Nonexpendable: Expendable: Unrestricted Although these are entity-wide statements, there is still a certain amount of fund accounting carried over in order to provide these categories of net position.

Whether it's a daily mantra or a quote to return to when times get tough, having a personal mission statement brings focus and purpose to your life. Here are five examples of real-life personal ...

Professor Hayes said ten years ago, in the ESSA's first position statement on the topic, the best advice for people with cancer was to follow a generic exercise program of low to moderate ...

Debt cancellation is a nonexchange activity that should be reported by federal entities on the statement of changes in net position, according to an interpretation issued by FASAB.