The ending balance of a cash-flow statement will always equal the cash amount shown on the company's balance sheet. Cash flow is, by definition, the change in a company's cash from one period to the ...

Compared to the tight rules and requirements of financial accounting, managerial accounting can feel quite liberating. It's strictly for internal use, so any formula or calculation that tells you what ...

A business has to prepare various financial statements to meet accounting rules and regulations, and to provide information to the equity holders. The balance sheet gives an overall view of the ...