Publicly traded corporations are required to publish quarterly balance sheets that allow shareholders to compare a company’s assets with its liabilities. It’s also a good practice for private ...

Even though it is found in the assets portion of the balance sheet at many small businesses, inventory has some unique properties that make it different from other assets. Accounting rules for ...

Understanding working capital as a small business owner can help you grow your business or take advantage of bigger ...

Three accounting statements define the financial health of a business: the income statement, the cash flow statement and the balance sheet. The income statement identifies what was sold; the cash flow ...

These are examples of assets not normally easily disposed of. Key Takeaway: Formally, if an asset isn't expected to be cashable within a year, it isn’t considered a current asset. In business, a ...

Most companies have a mix of fixed assets and inventory. Although both act as assets, each gets treated differently on a companies financial statements. Different generally accepted accounting ...

Discover how to assess a company's liquidity through working capital and the cash conversion cycle. Understand key metrics ...

Any business that uses assets should hold a regular asset inventory audit in order to track important data like the number, condition, and location of all assets. The audit is a cost-effective method ...