What is current assets on a balance sheet? 1.21K viewsAccounting 0 Riddell 0 Comments What kind of balances are included as current assets on a balance sheet or as it called on the statement of financial position of a company? 1 Answer ActiveVotedNewestOldest 0 Heigher Posted 0 Comments Current asset is anything that is expected to bring economic benefit in the following twelve months. The current assets include the inventory, the accounts receivable, the prepaid expenses etc. Register or Login Search for: