Everything you need to know about fixed assets and depreciation
2 September 2025Fixed assets are the foundation upon which any project is built, whether small or large, and they are important long-term assets for the company. These assets include production equipment, buildings, and land specific to the project. It is worth noting that these assets are subject to depreciation, which can be...
Everything you want to know about current assets
2 September 2025You can determine the liquidity of any institution by examining its current assets, which represent the financial value that can be converted into cash, including short-term assets that the institution can dispose of. These assets can be found in the institution’s financial center, which classifies and identifies their different types...
Everything you want to know about current and non-current liabilities
2 September 2025Every organization performs various business activities during the operating cycle. Selling and purchasing activities take place within a certain period and result in several outcomes, such as inventory, sales revenue, and cash collection. However, each entity has assets and liabilities during the operating cycle. It owns assets such as equipment...