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 ...

Phil has been in corporate finance for 37 years. CEO of Global Financial Svc, Global Financial Training Program, Global Church Financing. If you're trying to obtain a loan for your business, you ...

Discover the key differences between fixed and current assets, including their roles in business, how they're recorded, and why they matter for financial strategy.

Discover what physical assets are, their types, and how they're accounted for in business. Learn how they impact financial statements and business operations.

Having wealth is essential in order to weather financial hardships like an unexpected medical expense or a job loss. For many families, building wealth can be difficult or impossible when there are ...