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 ...

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 ...

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 ...

It's not that Uncle Sam does not want your clients to deduct those big-ticket items that are critical to running almost any business. The less cynical among us would nod and agree with the Internal ...

ARs often need writing off due to client defaults or economic downturns, impacting a firm's financial health. Goodwill impairment occurs when acquired assets fail to deliver expected value, leading to ...

Assets increase company revenue or reduce expenses, vital for evaluating opportunities. Balance sheets categorize assets as current or non-current, impacting investment analysis. Asset turnover and ...

The question of how to account for digital assets has emerged as a challenging one for accountants as use of these assets becomes increasingly common. Although accounting for exchange-traded digital ...