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Financial Reporting The goal of financial accounting is to issue financial statements. The first step of financial reporting is recording business transactions. This is lesson 2 in our...
Do you know the difference between a balance sheet and an income statement? Or equity and revenues? Many people are confused about financial terms. This dictionary of over 100 financial terms...
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 data, and management's...
A Accounting Accounting is the language of business. Accounting is the process of capturing and communicating financial data. The goal of the accounting system is to issue financial...
B Balance Sheet The balance sheet is one of the three financial statements. The balance sheet format shows assets, liabilities, and equity. This statement shows...
C CAGR See compound annual growth rate. Cash flow statement The cash flow statement is one of the basic three financial statements. The format is cash receipts minus cash...