Understanding Audited Financial Statements: What to Include

More than just paperwork, audited financial reports show that the numbers for your business add up. Knowing what goes into an ...
The Conversation

What is a company financial statement? How can it help you spot good or bad investments?

Michelle Cull is a member of CPA Australia, the Financial Advice Association Australia and President Elect of the Academy of Financial Services in the United States. Michelle is an academic member of ...
JournalofAccountancy

Amendment clarifies CPAs’ financial statement preparation engagements

The AICPA Accounting and Review Services Committee (ARSC) voted Wednesday to issue an amendment clarifying that a CPA preparing financial statements as part of a consulting services engagement ...
JournalofAccountancy

Clarification proposed for CPAs’ financial statement preparation engagements

The AICPA Accounting and Review Services Committee (ARSC) voted Thursday to expose for public comment a proposed revision that would “make explicit” that a CPA preparing financial statements as a ...
Accounting Today

ChatGPT scores 60% accuracy on financial statement analysis

A recent academic paper says that ChatGPT accurately predicted whether a company's earnings would rise or fall about 60% of the time, versus human analysts, who got it right 52.71% of the time. The ...
InvestmentNews

Investors' faith in financial plans is growing

Over half of retail investors said they believe in the importance of a written financial plan, according to a report today from Cerulli Associates, with support from Osaic, Inc. That figure, 53 ...