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Understanding the difference between assets vs liabilities is key to managing your finances. Discover essential concepts and examples in this guide!
What is an example of assets, liabilities and equity? An asset adds value to your business, whether cash, equipment, accounts receivable or something else to which you can attribute a dollar amount.
For example, if a company with five equal-share owners has $1.2 million in assets but owes $485,000 on a term loan and $120,000 for a semi-truck it financed, bringing its liabilities to $605,000.
Assets, liabilities, and stockholders' equity are three features of a balance sheet. Here's how to determine each one.
Discover the essentials of Total Liabilities / Total Assets, including its calculation, significance, interpretation, and practical examples.
UK Economic Accounts: all data Dataset | Released 30 June 2025 This is released at the same time as the UK balance of payments and provides supplementary tables for the balance of payments. The UK ...
This mainly concerns revaluations of assets and financial liabilities. The changes are caused by, for example, revaluations or unilateral write-offs of bad debts. Furthermore, net worth changes due to ...
Learn how to calculate net worth with our step-by-step guide. Discover examples, tools, and tips to accurately determine your financial health.
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.
The Financial Accounting Standards Board has decided to tweak some of its standards related to contract assets and liabilities for construction contractors.
I understand it is possible to reduce my inheritance tax liabilities by leaving certain items to the nation. Which items would qualify for this scheme?