Fixed assets are assets that are staples of your business, like property, equipment, and plants. These assets are tangible and depreciable, and typically last for longer than one year. Understanding ...

Most small businesses use some form of a fixed asset in their operations. A fixed asset is a resource a business reports in the assets section of its balance sheet, typically under the "property, ...

Accounting divides your company assets into two classes: current and long-term. Current assets include cash and anything you use up or convert to cash over the next 12 months. Typical examples are ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee ...

For the last nine fiscal years, the University Community has been asked to utilize the Fixed Asset Confirmation Tool to complete the annual fixed asset confirmations process. On Wednesday, June 11, ...

Stephanie Trovato is an experienced journalist with a focus on tech and small business. She has written for national web publications like Hubspot, SmallBizClub, and Investopedia. You can find her at ...

Fixed assets are expensed over their expected lifespan, distinct from regular assets expensed immediately. A fixed asset capitalization policy clarifies how assets are treated financially within a ...

An asset is anything that an individual or business owns that has monetary value and can be sold for cash. There are four main types of assets: liquid, illiquid, tangible, and intangible. Knowing what ...

Learn to calculate fixed asset depreciation in Excel using methods like straight-line, sum of the years' digits, and more for accurate financial analysis.