A common refrain in the global marketplace is that a company that consistently spends on fixed assets lays the groundwork for long-term success, doing so with the belief that today's technological ...

Fixed assets are items that are for long-term use, generallyfive years or more. They are not bought and sold in the normalcourse of business operation. Fixed assets include vehicles, land,buildings, ...

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 ...

Fixed asset impairment occurs when asset market value drops below its book value. To detect impairment, compare asset's book value against its recoverable amount. If impaired, reduce book value on ...

QuickBooks provides several types of asset accounts to categorize your income and capital. You can choose from another current asset, other asset or fixed asset account. Additionally, if you want to ...

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 ...

Learn the principles of financial accounting, its importance, and how it functions to provide a clear picture of a company's financial health and compliance.

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. From nimble startups to established, multigenerational enterprises, I’ve had the privilege ...

BNA Software has updated its fixed assets software with the latest tax law and form changes from the recent tax cut extension. Version 2011.0 of BNA Fixed Assets includes all of the tax law changes ...