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There are three types of financial statements under U.S. Generally Accepted Accounting Principles. Each one reveals different, but equally important, information about your company’s financial performance. And, together, they can be analyzed to help owners, management, lenders, and investors make informed business decisions. Profit or loss The...

Home sellers in 2018 realized an average home price gain of $61,000 since purchase, a 12-year high. That average profit represented an average 32.6 percent return on investment, the highest since 2006. Individual markets with the leading returns were mainly in the west, topped by...

To increase brand awareness and influence consumer behavior, businesses of all sizes spend vast amounts on social media marketing. Social media ‘influencers’ can help companies reach and engage customers, but not all influencers operate above board. Here is how to avoid hiring or associating with...

Businesses use two types of audits to gauge financial results: internal and external. Here is a closer look at how they measure up. Focus Internal auditors go beyond traditional financial reporting. They focus on a company’s internal controls, accounting processes, and ability to mitigate risk. Internal auditors...