What is difference between networth and net assets

Financial Management

I had a doubt regarding these two networth and net assets . please explain me the difference ,and with example.

Sai Ram Ainala

ACCA Professional

★ 9K+

07-Oct-20 23:41

832

Answers (1)

Net worth = equity shareholders funds and free reserves Net assets = Total assets - total liabilities

M Naresh

CA Final

★ 3K+

08-Oct-20 15:49