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News tagged with assets

Age is no barrier in the workplace

(Phys.org) -- Older managers bring as much value to an organisation as their younger counterparts, according to new research.

Other Sciences / Economics & Business

created May 23, 2012 | popularity not rated yet | comments 0

Mathematically detecting bubbles before they burst

From the dotcom bust in the late nineties to the housing crash in the run-up to the 2008 crisis, financial bubbles have been a topic of major concern. Identifying bubbles is important in order to prevent collapses that can ...

Other Sciences / Mathematics

created Oct 31, 2011 | popularity 5 / 5 (5) | comments 2 | with audio podcast

When prejudices become a disadvantage

(PhysOrg.com) -- Swiss researchers from ETH Zurich have been exploring the question of whether prejudices might be rational under certain conditions. Using game theory, they created various scenarios and played ...

Other Sciences / Social Sciences

created Mar 08, 2012 | popularity 4.4 / 5 (7) | comments 4 | with audio podcast

Fate of digital assets 'vague' after death

When you die, does your Facebook account die with you? Or that online photo album? What about your iTunes playlist, blogs or tweets?

Technology / Internet

created Sep 13, 2011 | popularity 5 / 5 (4) | comments 1

Yahoo names PayPal exec as its CEO

Yahoo's previous turnaround attempts have flopped under three different leaders with dramatically different backgrounds - former movie mogul Terry Semel, beloved Yahoo co-founder Jerry Yang and profanity-spewing ...

Technology / Business

created Jan 04, 2012 | popularity not rated yet | comments 0

Intel handed 643-million-dollar Danish tax bill: report

Intel, the US technology giant, has been handed a 643-million-dollar bill by tax authorities in Denmark over its disputed sale of a Danish company, the Jyllands-Posten daily reported Tuesday.

Technology / Business

created Apr 07, 2009 | popularity 4.7 / 5 (3) | comments 0

Japan's NEC sees $1.36 billion net loss

Japanese IT firm NEC said Friday it lost $1.36 billion in the year to March as asset write-downs and tax payments hit its bottom line, even as operating profit rose.

Technology / Business

created Apr 27, 2012 | popularity not rated yet | comments 0

Consortium prevails over Google for Nortel patents (Update)

(AP) -- A consortium that includes leading smartphone makers Apple and Research In Motion prevailed over Google this week with a $4.5 billion cash bid for about 6,000 patents and patent applications from ...

Technology / Business

created Jul 01, 2011 | popularity 5 / 5 (1) | comments 1

Zuckerberg has iron grip on Facebook

Facebook co-founder Mark Zuckerberg will retain an iron grip over the social network even after it becomes a public company.

Technology / Business

created Feb 02, 2012 | popularity 1 / 5 (2) | comments 12

What happens to your Facebook when you die? Digital assets oft forgotten

When most people think about bequeathing their belongings, it's the obvious: the house, the car, bank accounts, the sentimental family mementos.

Technology / Internet

created Dec 19, 2011 | popularity 3.3 / 5 (3) | comments 0

Apple's next hot release: The dividend check

(AP) -- Apple made computers sexy. Can it do the same for the musty old dividend?

Technology / Business

created Mar 20, 2012 | popularity 1 / 5 (5) | comments 0

Photo industry mourns Kodak

Photographers, professionals and amateurs alike, are mourning the end of an era after Eastman Kodak, which produced the cameras and film many started hobbies and careers with, filed for bankruptcy.

Technology / Business

created Jan 20, 2012 | popularity not rated yet | comments 0

People without cars, financial assets less likely to marry: study

A study published this week in the American Journal of Sociology finds that people who lack personal wealth in the form of a car or financial assets are significantly less likely to enter into a first marriage. The result ...

Other Sciences / Social Sciences

created Oct 06, 2011 | popularity 3.3 / 5 (4) | comments 10

Financial risk taking: Blame it on the genes

Financial institutions continue to teeter on the brink of ruin. Banks are still devouring bailout money without loosening credit enough to make a difference in a recession that is sweeping the globe. And everyone keeps asking, ...

Medicine & Health / Genetics

created Feb 11, 2009 | popularity 4 / 5 (4) | comments 1

Kids' savings, college success linked

(PhysOrg.com) -- Evidence supporting the link between savings and college success is growing. Three studies out of the Center for Social Development (CSD) at the Brown School at Washington University in St. ...

Other Sciences / Social Sciences

created Apr 26, 2011 | popularity 5 / 5 (1) | comments 0

Asset

In financial accounting, assets are economic resources. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent ownership of value that can be converted into cash (although cash itself is also considered an asset).

The balance sheet of a firm records the monetary value of the assets owned by the firm. It is money and other valuables belonging to an individual or business. Two major asset classes are tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.

Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the market place. Examples of intangible assets are goodwill, copyrights, trademarks, patents and computer programs, and financial assets, including such items as accounts receivable, bonds and stocks.

For more information about Asset, read the full article at Wikipedia.
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