What is a UCC financial statement?

Answer UCC stands for Uniform Commercial Code. The financing statement is a document that is filed to show that a security interest has been taken in a particular piece of property or equipment.Significan... Read More »

Top Q&A For: What is a UCC financial statement

What is the importance of a financial statement?

Financial statements are important for both the business owners and for potential investors in a business. These documents record the financial situation of a business at a given point in time and ... Read More »

What is a pro forma financial statement?

Pro forma financial statements are future projections made by management based on different variables. The variables chosen are dependent on how management either sees the future or wishes the futu... Read More »

What Is Included in a Financial Statement?

All businesses have financial statements and it is essential for everyone who has an interest in the fortunes of a company to be able to read its periodic financial statements. This is the case for... Read More »

What is financial statement fraud?

Financial statement fraud is the deliberate and intentional manipulation of the financial records of a company done with the intent to deceive third parties into believing the false statements accu... Read More »