In financial accounting, assets are the resources that a company requires in order to run and grow its business. Current assets are a company's short-term assets; those that can be liquidated quickly and used for a company's immediate needs. This includes cash, marketable securities, inventory, and accounts receivable. Noncurrent assets, on the other hand, are long-term and have a useful life of more than a year. This includes long-term investments, land, property, plant, and equipment (PP&E), and trademarks.