Search results
Results from the WOW.Com Content Network
Accountants have measures to deal with the impairment of assets (e.g. IAS 16) which seek to ensure that an entity's assets are not carried at more than their recoverable amount. [5] In this context, stranded assets are also defined as an asset that has become obsolete or non-performing, but must be recorded on the balance sheet as a loss of profit.
Lamplighter Monument in Budapest, Hungary, an occupation that was replaced by job obsolescence. Job obsolescence, [1] occupational obsolescence or skills obsolescence [2] is a situation in which an occupation loses its field of work or its competitiveness is reduced compared to another more efficient one that fulfills the same function.
An occupation may become obsolete for a single reason, or for a combination of reasons. Reasons for occupations to become obsolete fall into a number of groups: Cultural/fashion change, for example hoop skirt and crinoline manufacturers were significant employers in the 1850s and 1860s but they declined significantly in later years as fashions ...
In finance, a revaluation of fixed assets is an action that may be required to accurately describe the true value of the capital goods a business owns. [1] This should be distinguished from planned depreciation, where the recorded decline in the value of an asset is tied to its age.
A record number of U.S. CEOs exited their jobs this year, according to Challenger, Gray & Christmas, which said companies are responding to an uncertain landscape by installing temporary leaders ...
"The U.S. economy experienced a huge second wave of inflation back in the late 1970s after the Fed brought interest rates way down," said Gayed. Inflation had dropped from 11% to 4% before surging ...
It is only when there is one positive and one negative (opposites) that you will subtract. However, there are instances of accounts, known as contra-accounts, which have a normal balance opposite that listed above. Examples include: Contra-asset accounts (such as accumulated depreciation and allowances for bad debt or obsolete inventory)
Mindful productivity is about focusing on what matters so you can crush your work goals and have a life outside of them. In my case, it includes chasing a goofy, rambunctious 16-month-old around ...