Liabilities includes all credit accounts on which your business owes principal and interest. These debts typically result from the use of borrowed money to pay for immediate asset needs. Long-term ...

Learn how to identify creative accounting practices that manipulate balance sheets, impacting assets, liabilities, and equity for perceived financial performance.

The Financial Accounting Standards Board has issued a proposed standard on the fair value measurement of liabilities, seeking to clarify the thorny issue of fair value a bit further. FASB approved ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. David Kindness is a Certified Public Accountant (CPA) and an expert in the ...

The International Accounting Standards Board has published a proposed set of changes in the accounting standards for financial liabilities to address what it calls the "counter-intuitive" effects of ...

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 ...

Payroll affects every aspect of the accounting equation. In the most straightforward sense, money spent on payroll is money that offsets revenue and leads to lower net profit, fewer assets and ...

While there has been a great deal said in recent years about the impending problems with financing the Social Security, Medicare, and Medicaid systems, much less attention has been paid to similar ...

Assets generate income and appreciate in value, while liabilities drain resources and depreciate over time. Do you want to improve your net worth? Probably so. But if you’re like many people, you ...