Suppose you buy a major asset like a new piece of machinery. Under standard accounting rules, you cannot write off the cost of the machinery in the year you incur the expense. Rather, you have to ...

The accounting value or "book value" of your company's assets – or even the company itself – probably differs from the market value, and the difference may be significant. The distinction between the ...

Discover what restricted assets are and their significance in companies, nonprofits, and governments. Learn how they work in regulatory and contractual contexts.

Please note: This item is from our archives and was published in 2021. It is provided for historical reference. The content may be out of date and links may no longer function. Accounting for and ...

Cryptocurrency holdings are neither cash nor financial assets, but meet the definition of an intangible asset, at least according to an influential global accounting standards body. The Korea Times ...

The fixed asset custodian plays an important role in maintaining the accuracy of the data contained within the University's fixed asset system. The Office of the Comptroller relies on the custodians ...

What Is Fund Accounting? Definition, Importance and How It Works Your email has been sent Fund accounting is an accounting system that’s used by nonprofit organizations or government entities. Learn ...