by Arnold Shields 18 January 2010As part of the process of valuing a company, we revalue the balance sheet of a company from book value to market value and then separate the assets and liabilities of the company into three categories:
Business Assets and Liabilities
Surplus Assets & Liabilities
Financing Liabilities
by Arnold Shields 10 September 2009All business owners, no matter what size their business, need to understand the language of business … accounting.
Accounting can be simply described as keeping track of money. But the real benefit of accounting comes from understanding the relationships between the profit & loss statements, the balance sheet and cashflows.
