As a business owner monitoring the financial health of your business is an essential task. You need to understand the financial position of your company and how you can improve it. The income ...

If your business has incurred a restructuring gain, accounting standards require a reporting of the gain on the period's income statement. A restructuring gain can be part of continuing operations, ...

External audits focus on whether and how well a business's financial statements adhere to generally accepted accounting principles, or GAAP. The objective of GAAP is to standardize and regulate ...