Discover how companies report long-term debt in their financial statements, listed under long-term liabilities on the balance sheet.

The current portion of long-term debt (CPLTD) refers to the portion of long-term debt that must be paid within the next year.

Asset management is an integral part of accounting basics that deals with the monitoring and maintenance of valuable items owned by an individual or an entity. Assets contribute significantly to the ...

Americans are often told to “invest for the long term,” but what exactly does that mean? Long-term investing is about focusing on goals that are still far off and ignoring short-term market gyrations ...