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financial literacy

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How to Use the Balance Sheet

By | 2018-08-23T15:05:28+00:00 December 16th, 2018|Categories: Finance|Tags: , , , , |

As part of OnlineAdvisor's efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  For this article, we focus on why a balance sheet is important as part of the important financial reports of your organization. What It Is A balance sheet tells us our company’s health at one specific point [...]

How to Use the Cash Flow Statement

By | 2018-08-23T15:07:12+00:00 December 13th, 2018|Categories: Accounting, Finance|Tags: , , , , , |

As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  An important part of managing the financial matters for a business is the cash flow statement. A cash flow statement is an important financial report.  It is especially important for those companies which have a short history.  It [...]

The Cash Flow Statement

By | 2018-08-23T17:30:58+00:00 December 13th, 2018|Categories: Finance|Tags: , , , , , |

The Cash Flow Statement The cash flow statement reflects three categories: cash flow from operations, cash flow from investing, and cash flow from financing.  It it one report in the set of fundamental financial statements.   It is useful for businesses that are using the accrual method of accounting.  Let's discuss the reasons why you want a [...]

How to Use an Income Statement

By | 2018-08-23T15:04:56+00:00 December 12th, 2018|Categories: Finance|Tags: , , , , |

As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  Understanding the benefits of an income statement is important for the executive. An income statement, as we’ve covered before, shows the company’s performance over a period of time.   Usually we print out an income statement either during [...]

The Income Statement

By | 2018-08-23T17:32:51+00:00 December 11th, 2018|Categories: Finance|Tags: , , , , |

As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  An important part of financial literacy for a business, among all of the reports, is the income statement. Definition The income statement is a different report than the balance sheet.  A balance sheet shows information on a [...]

What You Need to Know About Assets

By | 2018-08-23T17:49:20+00:00 October 29th, 2018|Categories: Business Strategies, Finance|Tags: , , , , |

There are a few key points that you need to know about assets as they affect financial reports.  Here they are: Assets help show how much your company is worth. Investors, bankers and other creditors take interest in the amount of assets on a balance sheet.  The main reason is because they want to determine what [...]

A Brief Description of the Balance Sheet

By | 2018-08-23T14:21:05+00:00 October 9th, 2018|Categories: Finance|Tags: , , , , |

As part of our efforts to educate and inform our readers, we at OnlineAdvisor.com provide articles to explain key financial topics.  The balance sheet is a very important report for financial management of an organization.  With that in mind, it's necessary to cover what it is and what it provides as part of the fundamental financial [...]