Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...

Cash flow includes all the money that goes into and all the money that comes out of a business. As such, cash flow relates directly to the operating activities of the business, as well as to and ...

In pursuit of greater comparability across the Harvard schools, the University has asked all schools to report their net results in accordance with generally accepted accounting principles (GAAP) in ...

Charities blend nonprofit missions with for-profit strategies for clarity in financial reporting. Understanding the statement of activities helps track net assets in charities. Calculate a charity's ...

The term "fiduciary activities" refers to assets, which a federal, state or municipal government administers for non-federal individuals. Some types of fiduciary activities include the Thrift Savings ...

The cash flow statement is one of the most important but often overlooked components of a firm’s financial statements. It shows analysts, investors, credit providers, and auditors the sources and uses ...