For most Americans, the largest financial asset they have is their homes. Americans without homes may have significant assets in stocks and bonds, or even in a new automobile. Additionally, many Americans have significant savings in bank accounts.
www.investopedia.com Real assets: Physical or identifiable assets such as gold, land, equipment, patents, etc. They are the opposite of a financial asset. Real assets tend to be most desirable during periods of high inflation. Financial assets: An asset that derives value because of a contractual claim. Stocks, bonds, bank deposits, and the like are all examples of financial assets. Unlike land and property--which are tangible, physical assets--financial assets do not necessarily have physical worth.
Asset Class is the name for financial assets that are grouped together into one category. Property, cash, shares and fixed interest are all different asset classes. They are also the most common. There are also categories within asset classes. For example shares includes domestic and international shares.
A non-performing asset is a common line item on the balance sheet of most financial institutions. To the bank or financial institution carrying the asset, it represents a debt obligation where the agreed upon interest is no longer being paid by the borrowers for a long period of time. An example of a performing asset is a mortgage that is paid up to date. An example of non-performing asset is a mortgage that is in foreclosure.
Financial services firms are looking for AM professionals. Many of these will also provide training.
This depends on the size of a company because if the owners are resposible for the custody of an asset this doesn't matter so much. It also depends on the type of asset you are talking about. If an asset is not something easily convertable to cash this also does not matter much. In most cases, the person who keeps financial records for a company should not also be the one who has access to the asset. The reason for this is that if they do, it can be quite easy for them to steal from the company and cover it up by changing the financial records.
Because the US in one of the world largest and most influential Financial markets.
Depreciation is accounted for in financial statements by allocating the cost of an asset over its useful life. This is done to reflect the decrease in value of the asset over time. The most common method used is straight-line depreciation, where the cost of the asset is divided by its useful life to determine the annual depreciation expense. This expense is then recorded on the income statement and the accumulated depreciation is shown on the balance sheet to reduce the asset's carrying value.
Obesity is not aquantifiablemethod of determining social or financial status, but if it helps, my obese friend is the co-owner of a company.
Most computer software is not "purchased" by an end user, in the same way as you would a car or house. Rather, what you purchase is a non-exclusive "license" to use the software. Since it is not something you can own, it is not something you could really call an asset, any more than a rental agreement on an apartment make it one of your assets.
Yes. Accounts receivable, or receivables for short, represent a financial obligation to the organization and are represented on the asset side of the balance sheet.Generally yes, most of your accounts receivable will be listed as a current asset. To make sure however remember the rule of current assets. Current assets are anything that can be turned into "cash.Accounts receivable is considered a short term asset.
Land was the South's most valuable asset after the war.
No, they are not, just as not all Christian Americans are from the Middle East and not all Buddhist Americans are from India. The largest concentration of Muslims live in the Indonesian region.