Around the time you receive your patient billing statement, you will also receive an explanation of benefits (EOB) from your insurance provider. An explanation of benefits is a document that explains ...

The cash flows related to the sales, maturities, repayments and purchases of portfolio investments have been reclassified to the Operations section to better represent the operating cash flows of the ...

Common size analysis can help you see how your company is performing year over year so you can identify trends. Many, or all, of the products featured on this page are from our advertising partners ...

IN CERTAIN INSTANCES CPAs SHOULD CONSIDER preparing and reporting on financial statements using an “other comprehensive basis of accounting” (OCBOA). Tax-basis and cash-basis, including ...

Financial management involves planning, organizing and controlling an organization’s financial activities. Effective financial management helps businesses achieve their goals, optimize profits and ...

After a pair of life insurers sued AM Best last year in response to a planned downgrade of their financial ratings, concerns quickly followed. The implications were readily apparent: is the door open ...

WASHINGTON, August 8, 2022—On August 4, the Boards of the World Bank Group approved the audited financial statements for the fiscal year ended June 30, 2022. World Bank Group commitments (including ...