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A fixed asset, also known as long-lived assets or property, plant and equipment (PP&E), is a term used in accounting for assets and property that may not easily be converted into cash. [1] Fixed assets are different from current assets, such as cash or bank accounts, because the latter are liquid assets. In most cases, only tangible assets are ...
A fixed asset register (FAR) is a list of fixed assets that belong to an entity. [1] Traditionally the fixed asset register was maintained in written form by a bookkeeper using a book that was set aside specifically for that purpose.
A chart of accounts (COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger. Accounts may be associated with an identifier (account number) and a caption or header and are coded by ...
A fixed asset, often referred to as a tangible asset or property, plant, and equipment (PP&E), is a long-term asset that holds value over time and can be used to generate income.
In this example, for every $1 in fixed assets, Company A makes $2.63. This indicates that the company is reasonably efficient in using its fixed assets to drive revenue, which could be a good sign ...
Here are a few fixed-income examples to know: Maturity: ... As a subclass of mutual funds, money market funds invest in highly liquid fixed-income assets. They are not FDIC-insured but do have ...
The following is a list of the top 20 asset managers in the world (as of 2023), ranked by total assets under management (AUM): [2] Rank Firm/company Country
In simple words, an asset is something of value owned by an organization or person. Your car is an asset and so is your house. Other examples of assets include patent formulas, industrial ...