Public companies are obligated by law to ensure that their financial statements are audited by a registered CPA. The purpose of the| Corporate Finance Institute
A subsidiary (sub) is a business entity or corporation that is fully owned or partially controlled by another company, termed as the parent, or holding, company.| Corporate Finance Institute
An individual who owns stock in a company is called a shareholder and is eligible to claim part of the company’s residual assets and earnings.| Corporate Finance Institute
Public securities, or marketable securities, are investments that are openly or easily traded in a market. The securities are either equity or debt-based.| Corporate Finance Institute
The three financial statements are the income statement, the balance sheet, and the statement of cash flows. See them explained in detail.| Corporate Finance Institute
How are the 3 financial statements linked together? We explain how to link the 3 financial statements together for financial modeling and| Corporate Finance Institute
The Income Statement is one of a company's core financial statements that shows its profit and loss over a period of time.| Corporate Finance Institute
Explore CFI's valuation courses to find expert insights and learn about different methods and tools to make informed financial decisions and drive growth.| Corporate Finance Institute
Explore CFI's full catalog of accounting courses and free resources aimed at beginners and finance professionals. Learn accounting online at your own pace.| Corporate Finance Institute