The International Accounting Standards Board is undertaking a review into how intangible assets, like brands, are treated.

Data found in the balance sheet, the income statement, and the cash flow statement are used to calculate important financial ratios that provide insight into the company’s financial performance.

(Bloomberg) -- The Federal Reserve said it will start shrinking its balance sheet at a slower pace starting next month, reducing the amount of bond holdings it lets roll off every month.

The term debit comes from the word debitum, meaning "what is due ... debit or DR in the accounts receivables section of the balance sheet because that is an asset account. The company records ...