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Finance

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What is the Concept of Revenue?

By |2018-08-23T17:48:25-06:00January 2nd, 2019|Categories: Accounting, Finance|Tags: , , , , |

As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  Within the fundamental concepts of financial literacy and reporting is the concept of revenue.  This topic is very important for every organization, especially in the light of profits and income. Definition Revenue is money earned by an organization.  [...]

What You Need to Know About Liabilities

By |2018-08-23T17:49:55-06:00January 1st, 2019|Categories: Finance|Tags: , , , , |

As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  Here are some key points you need to know about liabilities: Liabilities are a part of every business. Some people may have a tendency to see assets as “good” and liabilities as being “bad”.  It’s not that [...]

What are Liabilities?

By |2018-08-23T17:40:01-06:00December 27th, 2018|Categories: Finance|Tags: , , , , , |

As part of OnlineAdvisor's efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  For this article, we cover the concept of liabilities. A Brief Definition Liabilities represent company's financial debt or obligations. They include loans, accounts payable, mortgages, deferred revenues and accrued expenses.  A great definition of a liability refers to [...]