When you hear the term audit, you may immediately think of a team of IRS officers rummaging through your files looking for discrepancies and errors in your business's tax returns. However, financial ...

An internal audit measures a company's compliance with external and internal standards. With an checklist for an internal audit of a company, a small-business owner can regularly validate the ...

Audited financial statements are independent CPA evaluations costing thousands. They include balance sheets, cash flow, ...

Tobi is a crypto writer at Investopedia. He aims to simplify the complex concepts of blockchain and cryptocurrencies for the masses. Stella Osoba is the Senior Editor of trading and investing at ...

Financial statements are written records of a business’s financial situation. They include standard reports like the balance sheet, income or profit and loss statements, and cash flow statement. They ...