Category: financial terms

Do you know the difference between a balance sheet or an income statement? Or equity and revenues? Many people are confused about financial terms. This list of financial terms will teach you all...

Financial Terms Dictionary # 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...

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

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

Financial Terms Dictionary 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...

Financial Terms Dictionary 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...