Learn how core assets drive your company's viability and profits. Discover essential examples from various industries to improve your financial understanding.

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

Net tangible assets represent a company’s physical assets minus its liabilities and intangible assets. For investors, lenders and business owners, net tangible assets can offer a clearer picture of a ...

Intangible assets can be hard to grasp. It’s kind of in their nature—in fact, it’s right there in the name. But just because you can’t touch them doesn’t mean you can’t understand them. Let’s take a ...

In simple words, an asset is something of value that you own and can convert to cash. Your car is an asset and so is your house because you could sell either one and receive its value in cash.

When filing for bankruptcy, it is best to over-disclose to avoid the risk of unintentionally hiding assets. Assets that require disclosure fall into three main categories: personal property, real ...

A restaurant's assets in accounting are the resources it uses to run its operations and serve its guests. These items range from food ingredients to real estate. To make it easy to see what it owns, a ...