Business and Technology Consulting

June 2023

What Is an Asset? Types & Examples in Business Accounting

From physical property and equipment to intangible assets like intellectual property and goodwill businesses depend on a variety of assets to function. Properly listing assets on a balance sheet is critical to accurately represent the company’s financial health. As such, properly classifying business assets is of the utmost importance. An asset is anything of value or […]

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Current Ratio vs Quick Ratio: What’s the Difference?

Small business owners should keep an eye on this ratio for their own company, and investors may find it useful to compare the current ratios of companies when considering which stocks to buy. Since the current ratio includes inventory, it will be high for companies that are heavily involved in selling inventory. For example, in the retail industry, a

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