Financial Literacy

A fixed asset is a long-term piece of equipment or property owned and used in business operations to help generate revenue.

A fiscal year vs. calendar year are both consecutive 12-month spans. They’re just different metrics for gauging that time.

A fixed cost are the known costs a business takes on that will provide a benchmark for future business and financial expectations.

Financial forecasting gives a company an overview of the current business and its trajectory going forward into the near future.

Every public company can provide a financial statement that will give you an overall look at the business and its financial health.

Financial accounting is one of the most important duties of each and every business that takes a wide range of experts and insights.

Owner’s equity your ownership of a portion of the total worth and value of a specific company. This includes total assets and liabilities.

An external audit will give investors more clarity and an accurate representation of a company’s financial data and outlook.