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 ...

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 ...

What are assets? A asset is something of value that you own and can convert to cash. Your car or your house are assets, because you could sell either and receive its value in cash. An asset is ...

A liability is a financial obligation or debt owed. Liabilities are key elements on every company’s balance sheet, and therefore, important to stock and bond investors. Learn more. In finance and ...

Discussing total assets vs. total liabilities leads to pondering balance sheet tactics. With a strong balance sheet, a company can wield its financial resources to make money, stop a dwindling bottom ...

In the United States, companies can maintain two separate sets of books for financial and tax purposes. Since financial and tax accounting rules differ, temporary differences can arise between the two ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. When investing, assessing a company’s assets and liabilities is a basic requirement to ...

If we care about how work gets done, not just what’s accomplished, we need to change how we measure and reward it. Operating on outputs. Measuring KPIs. Rewarding sales. Managers point to these ...

Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. Khadija Khartit is a strategy, investment, and ...

Use this guide as a quick reference to find important information on nonprofit groups from the forms they’re required to file with the Internal Revenue Service. Most federally tax-exempt groups must ...

The Reserve Bank of India (RBI) publishes data on financial assets and liabilities of households across India. A disturbing trend it shows is net financial savings of households, as a percentage of ...