If your business has fixed assets, generally accepted accounting principles, or GAAP, can serve as a guide to properly account for these long-term tangible assets on your accounting records. Specific ...

Financial ratios allow managers and other stakeholders to evaluate a company's financial performance over time and compare it to other companies in the industry. Asset management ratios, such as the ...

Discover the key differences between fixed and current assets, including their roles in business, how they're recorded, and why they matter for financial strategy.

Tangible assets in business refer to physical items of value that a company owns and uses in its operations to generate income. Examples include buildings, machinery, vehicles, computers and inventory ...

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 ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. You may have heard financial ...

If you operate a factory, you rely on machinery to produce salable goods. If you’re a freight company, your fleet of trucks is the key to making money. Every business has fixed assets that are ...

Fixed assets and depreciable assets are two very closely, interrelated items on a company's balance sheet. Let's define each and describe how they are the same and subtly different. A fixed asset is ...

Discover what physical assets are, their types, and how they're accounted for in business. Learn how they impact financial statements and business operations.

In September 2013, the IRS released the highly anticipated Final Tangible Asset Regulations (often referred as the Repair Regulations). With these new regulations in place, healthcare organizations ...

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, ...