Unlock hidden value in your business with a deeper look at lesser-known assets like deposits, prepaids, investments, capital leases, and leasehold improvements. Understanding how these items are classified on your Balance Sheet can boost transparency, strengthen financial planning, and improve borrowing power. KLV Accounting in Calgary helps you navigate asset classification and maximize your business’s financial strategy.

In this part of our Financial Statement Series, we dive into long-term liabilities on the balance sheet. Learn about notes payable, long-term loans, amortization schedules, and capital leases — essential knowledge for understanding your business’s financial health.