Noncurrent Assets Noncurrent assets are assets that are not used in the current period to generate revenue or current assets. They are typically long-term investments or assets that are not intended to be sold or used in the company’s operations within the current accounting period. Examples of noncurrent assets include: Long-term investments Property, plant, and […]

Asset-Liability Management (ALM) Asset-liability management (ALM) is a key function in financial management that involves managing the liabilities and assets of a company to ensure its overall financial health and stability. It involves developing strategies to ensure that the company has the necessary assets to meet its liabilities and obligations. Key Components of ALM: 1. […]

Annual Accounts Annual accounts are financial statements that summarize a company’s financial activities and position for a particular accounting period, typically a fiscal year. They include the company’s balance sheet, income statement, cash flow statement, and other financial statements required by law. Key Components of Annual Accounts: 1. Balance Sheet:– Lists a company’s assets, liabilities, […]