Long-term debt may be either secured i.e., backed by collateral or unsecured. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science http://odinfm.ru/odintsovskie-pogoreltsyi-poluchat-vsyu-neobhodimuyu-pomosch.html in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more. Her expertise is in personal finance and investing, and real estate. Deferred tax [...]

Long-term liabilities are obligations or debts that a company expects to settle over a period longer than one year or its normal operating cycle. Long-term loans are debts that are scheduled to be repaid over several years, often with fixed interest rates. These lease obligations are considered long-term liabilities.Pension obligations arise when a company provides [...]

In addition, having the statistical information separated in this manner makes it easier to formulate financial ratios, which combine two aspects of a company's business to create a ratio useful for business assessment. Income statements provide a summary of the performance of a company during a specific accounting period and are useful for various stakeholders [...]

Perhaps unsurprisingly, it’s the power sector that’s best placed to offset those emissions. FES shows that the power sector could be negative by 2033, chiefly by using Bioenergy with Carbon Capture and Storage (BECCS). BECCS removes CO2 from the atmosphere by the growth of biomass and captures it via CCUS (see box). In accounting terms, [...]

The accrual method looks at transactions but does not account for actual cash flows within the business. For example, your income statement might show sales revenue, but the client may take months to pay their invoice. Accrual accounting makes it easy to get an accurate picture of your company’s financial health, as you can not [...]