Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

• FAT Brands is planning to restructure the business and deleverage its balance sheet through this Chapter 11 bankruptcy filing. • The company in 2020 began a buying spree and in the process ...

President Bola Tinubu has approved the cancellation of a substantial portion of the debts owed by the Nigerian National Petroleum Company Limited to the Federation Account, wiping off about $1.42bn ...

The Financial Accounting Foundation's board of trustees appointed 13 new members to the Financial Accounting Standards Advisory Council, which advises the Financial Accounting Standards Board. "The ...

Banks, fintechs and emerging digital asset firms are all working to build systems that are faster, more accessible and more interconnected. However, these industry changes bring their own set of risks ...

Didn’t make it to Emirates Stadium on Saturday and want to get a feel for the atmosphere? Or perhaps you were in attendance for our 2-1 win over Liverpool in the Barclays Women’s Super League and just ...

MALVERN, Pa., December 08, 2025--(BUSINESS WIRE)--LifeScan (the "Company"), a world leader in blood glucose monitoring, today announced its successful emergence from its Chapter 11 financial ...

St. Paul is trying to recoup $900,000 and damages from a contractor who allegedly blew deadlines, canceled meetings and has not yet delivered lesson plans to teach elementary schoolers about financial ...

Anderson Hay & Grain has filed for Chapter 11 bankruptcy as it works to reorganize its operations. The Washington-based hay and forage exporter, along with several of its affiliates, is facing ...

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It’s no secret that artificial intelligence is revolutionising the accounting industry from within. But to unlock its full potential, more firms must safely and confidently embrace the technology. The ...

The Nigerian National Petroleum Company Limited has announced its financial performance for the full year ended 2024, reporting a profit after tax of N5.4 trillion on revenue of N45.1 trillion. This ...