Liabilities are the debts and obligations that detract from a company’s total value, which have to be paid over a certain period of time. The form of the debt can vary – common examples include ...

Here are a couple of balance-sheet basics, liabilities and accounts payable. Liabilities are likely to include short-term (also called “current”) debt and long-term debt. Debt is not necessarily bad, ...

Your balance sheet lists your company's assets, liabilities and equity; it is sometimes called your statement of net worth. A classified balance sheet is merely one that has been arranged so that key ...

An understatement in accounting refers to business assets given a valuation lower than their fair market value or a devaluation of liabilities to less than their actual cost. Either results in an ...

Aid in the calculation of key financial ratios, such as the debt-to-equity ratio and current ratio, which influence ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in ...

Our two preceding columns exposed the weak arguments against expensing options, and then analyzed the incomplete methods that predated the Financial Accounting Standards Board’s March 2004 exposure ...

Filing seasons come and go, leaving behind exhausted but well-compensated practitioners. Well-compensated, that is, unless they're one of the many who will find themselves on the wrong end of a ...

A big change in lease accounting due in January of 2019 will affect every public and private company in the U.S., just like the tax revamp and the new rules for recording revenue that took effect for ...