ljubaphoto / Getty Images The main difference between accrual and cash basis accounting lies in the timing of when revenue and expenses are recognized. The cash method provides an immediate ...

Financial behemoth JPMorgan launched an AI tool called Cash Flow Intelligence for its corporate customers last year. The company said this proprietary AI algorithm — which analyzes cash flows ...

The primary financial statements of for-profit businesses include the balance sheet, income statement, statement of cash flow, and statement of changes in equity. Nonprofit entities use a similar ...