Every business keeps records of its operations and transactions, and accountants take this information to produce four basic financial statements: a profit and loss statement, balance sheet, statement ...

More than just paperwork, audited financial reports show that the numbers for your business add up. Knowing what goes into an audited statement and why it matters can help you gain confidence with ...

Depending on the size of your small business and your finance experience, you may choose to do your own books, including preparing financial statements. If you don't have a certified public accountant ...

In a decision released on January 29, 2014, the B.C. Court of Appeal ruled that companies incorporated under the Canada Business Corporations Act must, by operation of law, appoint an auditor, and ...

Opinions expressed by Entrepreneur contributors are their own. More than one-half of all small-business loan applications are being rejected by banks, according to the Biz2Credit Small Business ...

Learn what certified financial statements are, when you need them, and how to obtain them. Includes costs, timelines and a complete prep checklist.