A company's ability to produce accurate financial statements is essential to its survival. Many interested parties, not just company owners, rely on information about money coming in and going out of ...

One of the most effective ways to compare two businesses is to perform a ratio analysis on each company's financial statements. A ratio analysis looks at various numbers in the financial statements ...

Financial analysis is an aspect of the overall business finance function that involves examining historical data to gain information about the current and future financial health of a company.

Financial statements are a summary of the financial records of an organisation that shows its financial performance over a given period and financial position as at a point in time. In my previous ...

Budgeting or forecasting is extremely important for F&B companies of all sizes. Many companies use top-down or bottom-up approaches, but regardless, it is unacceptable when a company says it can’t do ...

Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

A recent academic paper says that ChatGPT accurately predicted whether a company's earnings would rise or fall about 60% of the time, versus human analysts, who got it right 52.71% of the time. The ...

Natalya Yashina is a CPA, DASM with over 12 years of experience in accounting including public accounting, financial reporting, and accounting policies. Jared Ecker is a researcher and fact-checker.

A financial analysis report of Red Robin Gourmet Burgers, composed during the 3Q of the 2019 year. The years 2016, 2017, and 2018 are examined and used to project future financial statement values.

GPT-4 can rival or even outperform human professionals at financial statement analysis, revealed research done by the University of Chicago’s Booth School of Business. The researchers Alex G. Kim, ...