Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 18 October 2018
Length: 35 pages
Data source: Published sources
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Abstract
Core Curriculum Readings in Financial Accounting cover the fundamental concepts in financial accounting. Many readings include videos and Interactive Illustrations to help students master complex concepts. This is a standalone reading designed to enhance students' understanding of liabilities and their measurement, presentation, and impact on a company's financial statements. The reading provides the formal definition of a liability and the conditions required to measure, classify, and record a liability on the balance sheet.
About
Abstract
Core Curriculum Readings in Financial Accounting cover the fundamental concepts in financial accounting. Many readings include videos and Interactive Illustrations to help students master complex concepts. This is a standalone reading designed to enhance students' understanding of liabilities and their measurement, presentation, and impact on a company's financial statements. The reading provides the formal definition of a liability and the conditions required to measure, classify, and record a liability on the balance sheet.