Abbott Laboratories (NYSE:ABT) reported muted sales in the third quarter on Wednesday and narrowed its fiscal 2025 guidance. The company reported third-quarter sales of $11.37 billion, slightly ...

A strong understanding of your startup’s cash position is essential to making educated financial decisions, communicating with investors, and planning for the future. The best way to compile this ...

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) ...

Income tax return due date: With the income tax return (ITR) deadline just around the corner, many taxpayers are rushing to file their returns ahead of the due date. However, some taxpayers are yet to ...

Filmmaker Karan Johar seemed to admit that his movies aren’t as profitable as the world might presume. At the launch event of the Telugu film Mirai, which Karan is ‘presenting’ in the Hindi belt ...

One of the highlights of PSA-TEC 2025 in Denver for me was an educational session that I had the privilege of co-hosting: “Effective Leadership Using P&L Statements.” Led by PSA CFO Allen Riggs, the ...

Buying an established company can be a great strategy for an aspiring small business owner to own their own business without starting from scratch. However, evaluating the sustainability and financial ...

Understanding the Profit and Loss (P&L) statement is critical for business success. Differentiating between fixed costs and variable costs is essential. Businesses rarely sell a single product or ...

A balance sheet is a type of financial statement that lists a company's assets, liabilities, and shareholders' equity. The assets should be in "balance" and equal the total liabilities and ...

Monitoring your startup’s finances is an integral part of knowing how to sustain and grow your business. A profit and loss (P&L) statement is one key element to measuring the health of your startup’s ...