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''Financial reporting.''
''Financial reporting - balance sheet - assets & liabilities.''


Assets or liabilities that are likely to be converted into cash or settled after more than a year or a normal accounting cycle.
 
Non-current '''assets''' are likely to be converted into cash after more than a year, or a normal accounting cycle.
 
Non-current '''liabilities''' are likely to be settled after more than a year, or a normal accounting cycle.




== See also ==
== See also ==
* [[Balance sheet]]
* [[Current assets]]
* [[Current assets]]
* [[Current liabilities]]
* [[Current liabilities]]

Latest revision as of 09:55, 24 December 2020

Financial reporting - balance sheet - assets & liabilities.


Non-current assets are likely to be converted into cash after more than a year, or a normal accounting cycle.

Non-current liabilities are likely to be settled after more than a year, or a normal accounting cycle.


See also