Current Liabilities

Knowledge Center


Description of Current Liabilities. Explanation.




Definition Current Liabilities. Description.

Current Liabilities are obligations which are expected to be paid or performed within one year or during the normal operating cycle of the business, whichever is longer.

They are listed on the Balance Sheet and include items such as: accounts payable, short term debt, taxes payable, dividends payable, accrued interest, salaries payable.

Bonds, mortgages and loans that are payable over a term exceeding one year are normally fixed liabilities. However the payments due in the current fiscal year could be considered current liabilities if the amounts are material.

Current Liabilities Special Interest Group

Special Interest Group (6 members)

Current Liabilities Forum  

Recent topics

  Quotes on Current Liabilities. Quotations
Hi, do you know of a remarkable, humorous quote by a famous person or a proverb related to (current) liabilities?
Please enter a reaction to share ...
  Mechanisms and Controls to Decrease Current Liabilities (Creditors)?
What are the implications of long outstanding creditors in the financial statement and what are the controls to put in place to minimize the cr...

Best Practices - Current Liabilities

Expert Tips - Current Liabilities

Advance yourself in business administration and management

Resources - Current Liabilities

Introduction to the Balance Sheet


News about Current Liabilities


Videos about Current Liabilities


Presentations about Current Liabilities


Books about Current Liabilities


More about Current Liabilities


Accelerate your management career

Compare with: Current Assets  |  Working Capital

Special Interest Group Leader


Return to Management Hub: Finance & Investing

More on Management  |  Return to Management Dictionary  | 


This ends our Current Liabilities summary and forum.

About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2018 12manage - The Executive Fast Track. V15.0 - Last updated: 11-12-2018. All names of their owners.