Financial Terms Glossary 123 10-K A 10-K is a company annual report required by the Securities and Exchange Commission. It provides an overview of the business, risk factors,...

Financial Terms Glossary A Accounting Accounting is the language of business. Accounting is the process of capturing and communicating financial data. The goal of the accounting...

Financial Terms Glossary B Balance Sheet The balance sheet is one of the three financial statements. The balance sheet format shows assets, liabilities, and equity....

Financial Terms Glossary C Cash flow statement The cash flow statement is one of the basic three financial statements. The format is cash receipts minus cash payments. The cash flow...

Financial Terms Glossary D Debits and Credits Debits and credits are used to record financial transactions. Debit is the left side of an account. Credit is the right side of an...

Financial Terms Glossary E Earnings Earnings are the net income or net profit of a company. Earnings per share Earnings per share or EPS is a financial measure of a...