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 ...

Nonfinancial assets, including real estate and intellectual property, derive value from their physical traits. Explore how they're valued and their role in business finance.

A significant report for every business leader to review, at least annually, is the balance statement. It gives business leaders insight into the financial health of the company. To get a true picture ...

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 ...

Valuing a business can be a tricky task. For quite legitimate reasons, your company may list items like goodwill as assets on the balance sheet. Then, there's the fact that a firm's stock may be ...

When filing for bankruptcy, it is best to over-disclose to avoid the risk of unintentionally hiding assets. Assets that require disclosure fall into three main categories: personal property, real ...

Tangible assets are the assets on a company's balance sheet that have a physical form. This includes machinery, office equipment and property, as well as materials that are used in production. Current ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.