Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse ...

The Financial Industry Regulatory Authority has officially given up on the idea of requiring firms to provide monthly account statements to customers. On Tuesday, the self-regulator proposed an ...

Some independent sales organizations intentionally make merchants' monthly statements as confusing as possible — even as others are working to dispel the mysteries of billing. One attempt at ...

Companies use variance analysis to compare financial performance changes from one month to the next, or perhaps from one quarter to another or year to year. Typically, actual financial results are ...

Making mistakes with your accounting can lead to more than just embarrassing situations when checks bounce or you make collection calls to customers and clients who have already paid you.