Discussing total assets vs. total liabilities leads to pondering balance sheet tactics. With a strong balance sheet, a company can wield its financial resources to make money, stop a dwindling bottom ...

There are several points on which American generally accepted accounting principles (GAAP) differ from international standards. In 2011, the American and international accounting boards worked ...

One of the most poorly understood concepts in asset protection planning is that of the very important role played by liability insurance in such planning. In a great many cases that do not make their ...