Learn what a compensating balance is, how it can affect loan terms, its role in business borrowing, plus key examples and accounting rules.

An audit is an inspection of a company's accounting records, usually done by an independent certified public accountant. Audits are performed in an effort to determine whether a business is ...

A balance sheet is a financial statement that provides a broad overview of a given firm's assets, liabilities and shareholders' equity. This important document gives management and other interested ...

What Is an Account Balance? An account balance is the amount of money available in a financial account, such as checking, savings, credit card, or investment accounts. It represents the net difference ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Investopedia / Julie Bang The available balance in a checking account or on-demand account ...

Discussing work-life balance is a huge can of worms, but before we twist off the lid, it might be helpful to figure out what work-life balance is in the first place. Is it a certain number of hours ...