Investopedia / Paige McLaughlin Balance sheet reserves are funds set aside by a company in the insurance industry to cover future obligations such as claims that have been filed but not yet paid.

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 ...

Some business owners are tempted to leave their balance sheets to their accountants, but it is important for leadership to understand how to read their balance sheets in order to keep an eye on their ...

Learning to adjust long-term debt on a balance sheet can be daunting for a business. Handling a long-term notes payable journal entry or providing long-term loan accounting treatment can be ...

The Federal Reserve is planning to change its balance sheet to more closely match the maturity of the Treasury market. It’s a shift that investors won’t notice, according to Fed Chair Jerome Powell.

Federal Reserve Chair Jerome Powell said the U.S. central bank, having just stopped shrinking its balance sheet, will have to start growing it again at some point.