Dear Readers,Welcome back to our conversation about focusing on the power of assets over liabilities.Last week, we demystified these terms, explaining why assets work for you and how liabilities can ...

A balance sheet shows a company's assets, liabilities, and shareholder equity at that point in time. Learn how they work, how to read one, and why they're important.

Making the move from industry to owning an accountancy practice is an appealing prospect for many professionals seeking greater freedom, the ...

Three FASB board members say the requirements don’t provide investors with adequate details on government assistance.

HARARE - Independent auditors Axcentium have issued an adverse opinion on Edgars Stores Limited's latest financial statements ...

Does Retiring an Asset Have Any Income or Impact in Accounting?. Assets are items of value and that value is displayed on a company's balance sheet. When an asset is retired -- sold, donated or ...

Non-current assets usually generate benefits for a much longer time. This shapes how you record a patent as an accounting journal entry and document patents in the accounting balance sheet.

"If anything, President Trump's unpredictable policy stance, his public criticism of (Fed chair) Jerome Powell and the deteriorating U.S. fiscal outlook have further eroded confidence in the U.S.