Wrapping up a business requires more than just putting a closed sign on the window. In order to avoid complications, you need to file appropriate final tax returns for the business to let state and ...

The balance sheet is one of a company's most important financial statements, because it gives investors a snapshot of the company's financial health at any given moment in time. Essentially, it is a ...

Balance sheets consist of assets, liabilities, and shareholders' equity, revealing financial health. Shareholders' equity equals assets minus liabilities and reflects theoretical investor value if a ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

Corel Corp. said Friday that it has restated its final balance sheets for three consecutive years, but the move is simply an accounting measure related to the company's 1996 acquisition of Novell Inc.

Both involve a company’s finances, but their differences are significant Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Gordon ...

A financial statement that lists the assets, liabilities and equity of a company at a specific point in time and is used to calculate the net worth of a business. A basic tenet of double-entry ...