Notes for Level I CFA® Program

R31 Non-Current Liabilities

1. IntroductionWatch Video Play


Non-current liabilities are long-term liabilities that are due after one year or more in the future. They are on the right-hand side of the balance sheet. Common non-current liabilities include bonds payable, notes payable, finance leases, pension liabilities and deferred tax liabilities. This reading focuses on bonds payable and leases.