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.

A balance sheet offers a glimpse into a company’s assets and breaks them into two categories: current and non-current assets. Current assets like cash equivalents and securities can easily be ...

Depreciation helps companies manage taxes and asset value by reducing the recorded value of physical assets over time. Different methods of depreciation allow for varying impact on financial ...

Income is perhaps the single most important measurement of a business's success in running its operations, but it is inaccurate and misleading unless the business records revenues and expenses in the ...

Here’s how you can use business asset depreciation to reduce your taxable income and save money. Because business assets such as computers, copy machines and other equipment wear out over time, you ...

Depreciation is the recovery of the cost of a physical asset, like property or equipment, over multiple years. It allows companies to spread out the cost of some expenses, reduce taxable income and ...

A company cannot deduct the entire cost of a long-lived asset -- one with a lifetime more than one year long -- all at once. Rather, it must space out the deductions over the useful lifetime of the ...

Amortization and depreciation are accounting methods used to allocate the cost of assets over their useful lives. Amortization applies to intangible assets like patents and trademarks. Depreciation ...

NORTHVILLE, MICHIGAN (Jan. 27, 2000)-- Last week we introduced the balance sheet and reviewed some key categories that fall under current assets. I had originally planned to dive next into current ...