Current liabilities are financial obligations that must be paid by a firm in less than one year. They can include accounts payable, unearned revenue and short-term debt. Current liabilities appear on a firm's balance she... More » Business & Finance Insurance

To draw up a business chart of accounts, create categories labeled assets, liabilities, owner's equity, revenue and expenses, advises List all the company's categorized accounts using a four-digit numbering sy... More » Business & Finance Business Resources Accounting

Create a sample chart of accounts by listing assets, liabilities and owner's equity on one side and operating revenues, operating expenses, non-operating revenues and non-operating expenses on the other side. Break down ... More » Business & Finance Business Resources

Standard and Poor ratings are designed to measure the ability for a company to pay off its debt, so the ratings are based on a ratio of the company's assets to debt or liabilities, and on the resources it has to pay off ... More » Business & Finance Insurance

An insurance company's credit rating is used to determine the insurer's ability to fulfill its financial obligations to policyholders, notes Investopedia. However, credit ratings are often subjective and not to be relied... More » Business & Finance Insurance

Life insurance companies are rated based on their creditworthiness, which is defined as their capacity to satisfy their continuing financial, contract and policy obligations, according to A.M. Best. As of 2015, A.M. Best... More » Business & Finance Insurance

A.M. Best's ratings indicate how well an insurance company can meet its financial obligations. The organization issues three types of ratings: financial strength, issuer credit and debt, according to their official websi... More » Business & Finance Insurance