Financial statements comprise three important written records: the cash flow statement, the income statement and the balance sheet. Companies furnish financial statements to provide information on ...

Quarterly statements for publicly- traded companies are not required by law to be audited. However, audits provide a level of authority and security to investors.

Financial statement audits are not just a compliance exercise, but also an opportunity to gain knowledge that can generate positive business results, according to a new survey. In many cases, though, ...