Some of the nation’s most prestigious colleges have been enrolling record numbers of low-income students as campuses ...

This story has been updated and corrected on Dec. 16, 2025. A previous version of this article misinterpreted reports regarding the Orion Amphitheater’s finances and the financial contribution from ...

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

Income tax filing is set to get easier as taxpayers can view tax-related information on the various incomes at one place in the annual information statement (AIS). Part B delves deeper into your ...

ISLAMABAD: Federal Tax Ombudsman Dr. Asif Jah has ordered an investigation against the Federal Board of Revenue (FBR) for secretly altering the Wealth Statement format for Tax Year 2025 in the last ...

The SFT information is required to be uploaded in a data file. Reporting entities are required to prepare the data file in a prescribed format from their internal system. An excel-based report ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Katrina Ávila Munichiello is an experienced editor, ...

A company’s long-term success hinges on its financial health. In a competitive market, stable companies may come out on top while unstable companies can struggle to survive. One of the clearest ways ...

The PGA Tour has officially announced its decision to eliminate the starting strokes at the season-ending TOUR Championship. This change will take effect immediately, meaning that in the 2025 edition ...

Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...

Net income is the total amount of income left after expenses and deductions are taken out. You can find a company's net income on its income statement to assess the health of a business. Net income is ...