An audit is an inspection of a company's accounting records, usually done by an independent certified public accountant. Audits are performed in an effort to determine whether a business is ...

A balance sheet is a financial document that presents the financial status of a business through an accounting of a company’s assets, liabilities, and equity. A balance sheet, when looked at with a ...

A balance sheet shows a company's assets, liabilities and shareholder equity at a single point in time. These financial statements are used to determine a company's health and financial viability at a ...

In general, net worth is the total assets owned by an individual or business less any debt obligations and other financial liabilities. On a company's balance sheet, net worth is demonstrated through ...

The Fed’s balance sheet, mentioned by Jerome Powell this week, tracks what the Fed owns and owes. And the Fed has stopped its buying spree, mostly to reduce its influence on the market. Federal ...

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams said on Friday that the ...