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IFRS (International Financial Reporting Standards), the most widely used financial reporting system, defines: "An asset is a present economic resource controlled by the entity as a result of past events. [5]
According to the International Financial Reporting Standards (IFRS), a financial asset can be: . Cash or cash equivalent, Equity instruments of another entity,; Contractual right to receive cash or another financial asset from another entity or to exchange financial assets or financial liabilities with another entity under conditions that are potentially favorable to the entity,
In finance, an asset class is a group of marketable financial assets that have similar financial characteristics and behave similarly in the marketplace. We can often break these instruments into those having to do with real assets and those having to do with financial assets.
A digital asset is anything that exists only in digital form and comes with a distinct usage right or distinct permission for use. Data that do not possess those rights are not considered assets.
ASET (professional body), an educational charity for placement and employability professionals in the United Kingdom; ASET (All Size Equipment Transport), a South Australian-based company focused on the specialist transportation of over-dimensional equipment and machinery. Iset, an Ancient Egyptian name.