Asset

    From Consumerium development wiki R&D Wiki
    Revision as of 19:57, 28 November 2003 by Jukeboksi (talk | contribs) (basic definition + uses of asset information)
    (diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

    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

    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