An asset is anything, tangible or intangible, that has economic value to its owner or could have economic value in the future.

If your business has fixed assets, generally accepted accounting principles, or GAAP, can serve as a guide to properly account for these long-term tangible assets on your accounting records. Specific ...

Fixed assets, also known as property, plant and equipment, are usually expensive items that last long term, such as real estate, heavy equipment and furniture. Accountants in charge of this area of a ...

When an invoice is entered into accounts payable you may desire the ability to automatically update your fixed asset accounting at the same time. One caveat to this procedure: Your accounts payable ...

Business advisers can help guide clients through the tax and accounting considerations of a corporate sale or purchase.

Relatively few companies are using dedicated fixed assets accounting software, according to a new survey, and are instead relying on homegrown spreadsheets and databases. The survey, by Bloomberg BNA, ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Investopedia / Theresa Chiechi Group ...

CPA Australia noted that depreciation should not be used as the sole indicator when evaluating the financial stability of ...

The Fixed Assets Management staff manages all financial reporting of fixed assets, including equipment, land, buildings, infrastructure (sidewalks, exterior lighting, piers, and docks, etc.), ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. From nimble startups to established, multigenerational enterprises, I’ve had the privilege ...