A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Learn what Net Income After Taxes (NIAT) means, how it's calculated, and see examples to understand this key financial metric ...

Discover the basics of account statements, including definitions, uses, features, and examples, to manage finances ...

The department has advised taxpayers to review their ITRs, verify the correctness of their exemption claims, and revise their returns, if required by Dec 31. NEW DELHI: The Central Board of Direct ...

Support from readers like you keeps The Journal open. You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to ...

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...

Most of Andrew Cuomo’s income came from Innovation Strategies, a company created for his consulting work before he ran for mayor of New York City, a review of his tax returns showed. By Nicholas ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

You don’t need to be a CPA to understand your company’s financial health. You just need to know where to look. That starts with the income statement—also known as the profit and loss (P&L) ...

Protests against the Trump administration's stepped-up immigration enforcement exploded Friday in the Chicago area, with federal officers in camouflage and riot gear using tear gas against the ...