The GASB issued a concepts statement to guide the board when establishing note disclosure requirements for state and local governments — part of its response to research reexamining existing note ...

The board released a concepts statement to guide GASB when mandating note disclosure requirements for state and local governments.

How to Note Swap Derivatives on a Financial Statement. A financial statement expresses the value of an enterprise by listing and evaluating its parts.

Certified financial statements are accounting statements that have been certified by an independent accounting firm. Learn how they are used in corporate finance.

Three Examples of Types of Financial Statements Used in Companies. Companies must produce a series of financial statements to provide information on the their activities, net worth and viability.

Introduces and describes meaning and uses for financial ratios to assess profitability, activity, solvency and leverage, and returns to shareholders.

Many Readings include videos and Interactive Illustrations to help students master complex concepts. This reading helps students understand that financial ratios—one financial statement item divided ...

We examine the valuation of financial statement note information at the time of 10-K filings. We find that stock returns around 10-K filings are positively related to accounting adjustments calculated ...

Interest rate increases result in unrealized losses for held-to-maturity debt security investments, but these losses do not appear in the financial statements (as long as there are no impairment ...

The study identifies and analyzes recent reporting trends and common practices in financial statements. For example, 25 out of 100 filers in the 2006 reporting season reported tangible asset ...