Asset: Difference between revisions
(basic definition + uses of asset information) |
|||
Line 14: | Line 14: | ||
Asset information can be used to detect the [[company size]] so it is a important [[research]] area in the future | Asset information can be used to detect the [[company size]] so it is a important [[research]] area in the future | ||
[[Category:Accounting]] |
Latest revision as of 14:33, 12 April 2021
Asset is a feature of a company or of a consumer if the product in question is an investment instrument.
In business and accounting an asset is anything owned, whether in possession or by right to take possession, by a person or a group actiong together, e.g. a company, the value of which can be expressed in monetary terms.
Assets may be classified in many ways. The principal distinction normally made for business purposes is between:
- fixed assets and
- current assets.
See w:Asset for more precise and in depth description
Usefullness of Asset Information[edit | edit source]
Assets are interesting in the context of Consumerium since they provide a uniform way of calculating ratios regarding actions of companies.
Asset information can be used to detect the company size so it is a important research area in the future