Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

What Else Do Financial Records Include? Other than the most common line items found in financial statements, investors can also read the lesser known items, such as the footnotes, which often contain ...

financial statement footnotes are "the decoder key to unlocking a company's true value." But to some companies, true value is best hidden. And thus he was not very popular on bubble-era Wall Street.

NEW YORK--(BUSINESS WIRE)--XBRL US announced today the public review of the third version of the demonstration Comprehensive Annual Financial Reporting (CAFR) Taxonomy, which now includes seven ...

At times during audit season, not-for-profit financial statement auditors may feel like medical professionals in January. They’re extremely busy, and many of the “patients” receive the same diagnosis.

With the Enron trial offering almost daily reminders of the games that executives can play with a company's financial statements, analyst Jay Taparia says investors should never take a firm's reported ...

This report details how my firm handle the very complex disclosure of unusual items from Ford’s (F) 2006 10-K and underscores the importance of rigorous analysis of footnotes to understanding true ...