Kenya has set a three-year roadmap towards fully shifting its financial transactions to an accrual basis of accounting from ...

The property business gearing was 26% at the end of July 2024, well below the 60% covenant. The trust’s interest cover ratio was 1.9 times at the end of January 2024, versus a covenant of 1.5 times.

Blue Foundry Bancorp (NASDAQ: BLFY) Q4 2024 Earnings Call Transcript January 29, 2025 ...

Tesla Inc.’s holdings of Bitcoin gave its latest quarterly results a boost, courtesy of new accounting rules for digital ...

National Pension, Commission, PenCom, has lauded the federal government retirees for their patience and understanding over unpaid accrued pensions rights and other benefits. This came as the ...

Commissions do not affect our editors' opinions or evaluations. Balance transfers are an excellent way to consolidate bills and pay off debt. As tools that can often buy time for consumers with ...

Timing of Financial Disclosures Example: A manufacturing firm delays the disclosure of significant liabilities until after meeting its quarterly targets, thereby presenting a healthier balance sheet ...

If you buy something via one of our links, we may earn a commission. Regardless of the season, sheets that err on the cooler side can be more comfortable to sleep in. Just ask hot sleepers.

Last year, Google Maps on Android was revamped so that the main map view displayed information using sheets, and the entire app is now getting this visual redesign. Instead of place listings being ...

A New York-based lender filed a lawsuit last week against CA Ventures in Cook County for failing to fully repay a loan on time, the latest setback for the Chicago-based multifamily and student ...

Accrued interest payable is the amount of interest that a borrower owes on a loan or debt but has not yet paid. This financial obligation is recorded on the company’s balance sheet as a ...

Even though the cash payment is deferred, the accrued interest is treated as an asset on the balance sheet. Below, we explore the key reasons why this metric is significant for investors.