Plant assets and equipment usually represent a large portion of a company's total assets. The cost to maintain and depreciate fixed assets can also be a big line item expense on the income statement.
Companies don’t need to be haunted by ghost assets. And yes, ghost assets are very real and can have a scary impact on the bottom line. What is a ghost asset, you ask? Well, it’s a fixed asset in a ...
KINGSTON, N.Y. >> A state audit found that fixed assets were not tagged as city school district property, new assets were not added to the district inventory list, and a contractor-generated asset ...
Fixed assets, also known as property, plant and equipment, are usually expensive items that last long term, such as real estate, heavy equipment and furniture. Accountants in charge of this area of a ...
Transitions are difficult for any class of software, but fixed asset management programs have had more than their fair share of adjustments in the past few years.What began as a simple spreadsheet ...
THE OIL AND GAS BUSINESS is not only asset-intensive; it's also transaction-intensive. Acquisitions and dispositions are routine occurrences. Together, these two realities underscore the importance of ...
Assets refer to resources that can be converted into cash. Learn how assets work, the various types of assets, how to determine an asset's value and more.
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...
BAMBERG — Bamberg County Council has received an adverse, or qualified opinion, on one portion of its 2010-2011 audit, with another portion given an unqualified opinion by independent auditor Robert ...