Good debt VS Bad debt

(good debt vs bad debt – 5 minute read) Hi there accounting fans! Regular readers of this blog will know that we have a strong ‘anti-credit’ stance in this blog. However, I should point out that we don’t believe that ALL debt is bad and that some debt can be good. The important thing is

Net assets explained

(net assets – 5 minute read) Hi there accounting fans! We’re back with more hard hitting accounting facts! Net assets, also known as net worth or equity, represent the difference between a company’s assets and liabilities. In other words, it’s the value of everything a company owns, minus everything it owes. How to calculate net