The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a ...

A company's income statement shows how much money it brought in as revenue or sales, how much it spent on expenses, and how much profit or loss -- also called net income -- was generated for a given ...

To confront and master a company's operating predicaments, top leadership may deploy various tactics, including recruiting qualified managers, buying merchandise at affordable prices and building ...

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 ...

The balance sheet and income statement of a bank's financial statements contain unique characteristics that can help you decipher how banks make money.

Understanding cash flow statements is important because they measure whether a company generates enough cash to meet its operating expenses.

Financial accounting is a specific type of accounting that uses standardized processes and guidelines for businesses to record their financial transactions and prepare financial statements for ...

Every business has cash going in and going out. This is cash flow. A cash flow statement accounts for the cash moving in and out of the company. It reflects the cash impacts of revenues, expenses, ...