Learn 12 essential things about financial statements that investors need to know. These insights can guide smarter investment ...

The Governmental Accounting Standards Board released an updated standard Tuesday to improve some of the main components of the financial reporting model for state and local governments. GASB Statement ...

Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the ...

The Governmental Accounting Standards Board is getting ready to roll out new rules and proposals for state and local governments, including improvements to the financial reporting model, ...

Many investors have some understanding of typical financial statements like the balance sheet, income statement and cash flow statement but governmental and nonprofit financial statements may be ...

GASB will take a fundamental look at the reporting model for state and local government financial statements in an effort that aims to enhance the information available for decision-making and ...