Learn financial statement analysis techniques, including horizontal, vertical, and ratio analysis, to assess company ...

The basic formula to calculate your net worth is to add up all of your assets, and then add up all of your liabilities. Once ...

Discover what goodwill in accounting means, how to calculate it, and its role during acquisitions. Learn about goodwill ...

How to calculate You can also calculate a company's pre-tax profit if you know its net income and tax rate. Net income is a company's earnings after taxes have been taken out.

Gross monthly income is the wage an employee earns within a month before taxes or any other deductions. Here we walk through the definition and how to find gross monthly income in different cases ...

To start budgeting, track all income and expenses for at least 30 days—or, better yet, each month for an entire year. List ...

Understanding how financial statements influence valuation measures helps you spot both positive and negative changes.

A written report of the financial condition of a firm. Financial statements include the balance sheet, income statement, statement of changes in net worth and statement of cash flow.

A complete annual report consists of the cash flow statement, balance sheet and income statement. Financial statements follow the same format regardless of the size of the company.