A liability is a financial obligation or debt owed. Liabilities are key elements on every company’s balance sheet, and therefore, important to stock and bond investors. Learn more. In finance and ...

Discover how accounts payable function as short-term liabilities, not expenses, and learn how they impact a company's ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Charlene Rhinehart is a CPA , CFE, ...

Many small businesses incorporate to shield their personal assets from any obligations or liabilities arising from their businesses' activities. Corporations, as distinctly separate legal entities ...

Payroll liabilities are payroll-related fees your company owes. Learn payroll liability types, how they differ from payroll ...

To ensure your business keeps running smoothly and doesn't get pinched for cash, you should have a handle on your current liabilities. These are the bills that have to be paid within the next year, ...

In the United States, companies can maintain two separate sets of books for financial and tax purposes. Since financial and tax accounting rules differ, temporary differences can arise between the two ...

When investing, assessing a company’s assets and liabilities is a basic requirement to determine what the company is worth. Thankfully, public companies file their financial statements with the ...

Financial advisors frequently center wealth-building conversations on assets such as investments, property and retirement savings. They track and present returns to offer tangible proof of progress.