Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

The widespread use of information technology (IT) can introduce various risks that affect financial reporting and the audit process. To assist auditors in identifying and addressing these risks, the ...

Authentication controls, such as passwords and restricted access rights, are a primary layer of protection between an entity’s data and bad actors. Weaknesses in these controls can leave systems ...

Forbes contributors publish independent expert analyses and insights. Robert Eccles writes about sustainability in the capital markets. “Climate risk is financial risk” is an increasingly ubiquitous ...

Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of regulatory initiatives to strengthen requirements and promote international ...

Investing involves risk — and so does not investing. You should know how both these types of risk can affect your ability to reach your financial goals. Let’s start with the risks associated with ...

What if analyzing complex financial statements took seconds instead of hours? Imagine an investor reviewing a company’s balance sheet, income statement, and cash flow report, tasks that traditionally ...

The International Monetary Fund (IMF) provided technical assistance to Sri Lanka to prepare a Fiscal Risk Statement (FRS) as part of its broader public financial management reforms. In response to the ...