You can spot creative accounting practices on a company's balance sheet by analyzing its assets, liabilities, and equity. Overstating assets and/or understating liabilities leads to increased net ...

Financial statements include the balance sheet, income statement, statement of changes ... expenses that are necessary to run the business. Examples include office salaries, insurance, advertising ...

There are three main financial statements all publicly traded companies are required to make available to shareholders -- the income statement, balance ... company's stock and debt. For example ...

How to calculate an inventory item on the balance sheet using First In, First Out (FIFO) and Last In, First Out (LIFO)—and consider the results of each inventory accounting method.