Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ...

Learn how financial modeling projects future performance and supports strategic planning with essential components like ...

Your strategic and financial results are closely linked, and the performance in one area can impact the other. A high level of financial performance may result from an effective strategy, but good ...

In my role as the lead of my company's data and analytics team, I've found that the balanced scorecard (BSC) has been an essential tool for providing clear, strategic alignment. While companies often ...

Hospital operating margins remained stable in September, but performance is uneven due to a widening gap in financial performance between strong performers and providers that are struggling. According ...

For a financial performance measure to be good, it should generally rise when good things happen and decline when bad things happen. And it should motivate high-quality decision-making. This may seem ...

Letters of credit are legal instruments providing a financial guarantee. They assure a beneficiary that payments will be made or nonfinancial obligations performed by a seller or provider. Standby ...

1 This financial performance indicator is a non-IFRS (as defined below) measure which is reconciled to directly comparable IFRS financial measures (non-IFRS measures). It is used internally by ...