GASB issued a proposal Thursday that would establish requirements for certain types of capital assets to be disclosed separately for purposes of note disclosures. The changes are intended to help ...

Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

Understand liquidity and liquid assets. Learn how they impact financial stability, differ from illiquid assets, and how to ...

Asset classification is the process of categorizing various assets into distinct groups or categories based on specific attributes or characteristics. This systematic categorization allows for a more ...