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.

Mark Gregory has superannuation with the Military Superannuation and Benefits Scheme. Every Australian is directly or indirectly affected by unfunded liabilities. Yes — even you. State and federal ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...

Total Liabilities and Equity represents the sum of a company’s financial obligations (liabilities) and the owners’ claims (equity) on its assets. Understanding total liabilities and equity is ...

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 ...

A fundamental flaw in U.S. GAAP and IFRS financial reporting standards distorts the calculation of working capital and the current ratio, resulting in a significant understatement in most companies’ ...

If you're interested in investing, you've probably read quite a few articles that say "do your homework" before buying a stock. Reading and understanding a balance sheet is part of that homework.

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial ...

Partnerships are unincorporated businesses run by two or more individuals. Generally, partners are responsible for partnership liabilities -- a creditor can go after the business itself of an ...