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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,
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets).
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.
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]
Industrial and Commercial Bank of China, the world’s largest bank by total assets. This list is based on the April 2024 S&P Global Market Intelligence report of the 100 largest banks in the world.
Intangible assets are typically expensed according to their respective life expectancy. [2] [9] Intangible assets have either an identifiable or an indefinite useful life.. Intangible assets with identifiable useful lives are amortized on a straight-line basis over their economic or legal life, [12] whichever is shor
Tjong A Fie, Majoor der Chinezen (1860–1921), or Tjong Yiauw Hian (spelled in Hakka Chinese dialect, traditional Chinese: 張 耀 軒; simplified Chinese: 张 耀 轩; pinyin: Zhāng Yàoxuān; Hakka Pha̍k-fa-sṳ: Chông Yeu Hian), [1] birth name Zhang Hongnan (simplified Chinese: 张鸿南; traditional Chinese: 張鴻南; pinyin: Zhāng Hóngnán), was a Hakka Chinese businessman, banker ...
Aset Armanūly Irgaliyev (Kazakh: Әсет Арманұлы Ерғалиев, romanized: Äset Armanūly Erğaliev; born 18 June 1986) is a Kazakh politician and diplomat, and the chairman of the Agency for Strategic Planning and Reforms of Kazakhstan.