Understanding working capital as a small business owner can help you grow your business or take advantage of bigger ...

Even though it is found in the assets portion of the balance sheet at many small businesses, inventory has some unique properties that make it different from other assets. Accounting rules for ...

Most companies have a mix of fixed assets and inventory. Although both act as assets, each gets treated differently on a companies financial statements. Different generally accepted accounting ...

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 ...

Discover how to assess a company's liquidity through working capital and the cash conversion cycle. Understand key metrics ...

A company's assets include everything of value the company has, such as cash, investments, or property. Assets are split into two categories: current assets and long-term assets. Current assets are ...

Any business that uses assets should hold a regular asset inventory audit in order to track important data like the number, condition, and location of all assets. The audit is a cost-effective method ...