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 ...

As you can see, all business transactions affect the balance sheet, but not all transactions affect the income accounts (that is the Profit and Loss statements). Computer-based accounting systems ...

The separate legal entity concept underpins the accounting equation as the latter summarizes ... The document produced is known as a balance sheet and represents a freeze frame of what the business ...

Stocks to avoid have three things in common: "poor balance sheets ... quick test is to divide the interest expense in the profit and loss account into year-end debt and multiply by 100.

The Reserve Bank of India (RBI) has released draft formats for the financial statements of co-operative banks, updating the ...