Assets are quantifiable items — tangible or intangible — that add to your company’s value. Liabilities are what your company owes to others, whether that’s a vendor or a bank that issued a loan.

A financial statement that lists the assets, liabilities and equity of a company at a specific point in time and is used to calculate the net worth of a business. A basic tenet of double-entry ...

Renee Ann Butler is a finance writer with 15+ years of professional services experience. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The double-entry system protects your small business against costly accounting errors. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...

Alternative practice structures are not new in the accounting profession, but use of these business models has seen a recent uptick since private equity (PE) began making strategic investments — ...

On podcasts and websites, Santarelli, 56, pitched his Laguna Niguel private equity firm, Norada Capital Management, which offered unsecured, high-yield promissory notes backed by investments in ...

Gregory Raymond Cotton and his company, First Mutual Private Equity, have been barred from spending or transferring money from their bank accounts until the court decides otherwise. The Australian ...

Carlyle Group's (NASDAQ:CG) AlpInvest unit raised $20B for its global secondary strategies, with the final close of its AlpInvest Secondaries Fund VIII, which reached its $15B hard cap, the company ...

A written document describing the nature of the business, the sales and marketing strategy, and the financial background, and containing a projected profit and loss statement A business plan is also a ...

A California real estate founder and 'wealth investor' endlessly bragged about his success, including on his own podcast, only to be slammed with fraud charges after allegedly scamming more than $60 ...