3 7 Non-operating income and expenses

If a company has other sources of income—for example, from investments—that income is not considered revenue since it wasn’t the result of the primary income-generating activity. Any such additional income is accounted for separately on balance sheets and financial statements. Nonoperating revenues are the amounts earned by a business which are outside of its main or central […]

Which Financial Statement Is Prepared First? 4 Statements

This way, we will be able to interpret and appreciate financial statements better. Financial statements are also read by comparing the results to competitors or other industry participants. By comparing financial statements to other companies, analysts can get a better sense of which companies are performing the best and which are lagging behind the rest […]

Sacramento, CA CPA Sides & Company CPAs, LLP

A Minor in Business is valuable to the student majoring in another area who wishes to supplement his/her knowledge with a business background. We offer a huge variety of business services to help your business excel. Beyond his career, Sal’s heart lies in spending quality time with his beloved family and friends, cherishing the moments […]