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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]
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
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.
Asset Integrity Management Systems (AIMS) outline the ability of an asset to perform its required function effectively and efficiently whilst protecting health, safety and the environment and the means of ensuring that the people, systems, processes, and resources that deliver integrity are in place, in use and will perform when required over the whole life-cycle of the asset.
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.
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.
The Expendables, a group of elite mercenaries who carry out all sorts of missions, ranging from assassination to rescue, are deployed to a South American island, Vilena, to overthrow a Latin American dictator, General Garza, who is interfering with the plans of a group of "people" led by a man known only as Mr. Church.