You don’t need to be a CPA to understand your company’s financial health. You just need to know where to look. That starts with the income statement—also known as the profit and loss (P&L) ...

An income statement is your business’s bottom line: your total revenue from sales minus all of your costs. Financial data is always at the back of the business plan, but that doesn’t mean it’s any ...

Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

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

Bank statement loans are a type of non-qualified (non-QM) mortgage, which may make it easier for self-employed borrowers to buy a home. Lenders can use previous bank statements to vet potential ...

A bank statement itemizes all the activity affecting your account over the past statement period, which is usually a month. It also shows what the balance was at the beginning and end of the statement ...

Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. How often do you read the profit and loss statement for ...