How to Use Excel to Calculate Financial Statements?

Answer Microsoft Excel is a commonly used spreadsheet program that has a number of features for business managers who need to create financial statements on an ongoing basis. Financial statements may incl... Read More »

Top Q&A For: How to Use Excel to Calculate Financial Statements

How to Calculate Pro Forma Financial Statements?

Financial forecasting is just one of many tasks that falls under an accountant's duties. Pro forma financial statements are an estimate of a company's financial information for a future time period... Read More »

How to Forecast Financial Statements Using the Forecasted Financial Statements Approach?

Most people remember hearing the story about a genie in a bottle as a child. This genie offers the finder of the magic lamp three wishes. For the investment analyst, one of those three wishes would... Read More »

How Do General Purpose Financial Statements Help Achieve the Objectives of Financial Reporting?

General-purpose financial statements target a diverse audience, telling readers how well a company navigated the economic ups and down over a given period -- say, a quarter or fiscal year. These s... Read More »

How are financial statements interrelated?

Financial statements are detailed summaries of a business's financial activities during a designated span of time. The basic types of financial statements build upon one another to provide informat... Read More »