Take an in-depth look at the treatment of revenues and expenses within the accrual method of accounting and learn why many ...

An independent audit has uncovered major accounting gaps, ongoing losses, and lender concerns that cast doubt on the ...

An asset can be tangible -- i.e. it is physical, you can touch it; or intangible – i.e. it has no physical form e.g. goodwill, a brand, intellectual property. Fixed assets are assets that are held for ...

Learn how the fair market value purchase option lets you buy leased assets at current market prices. Discover its benefits across automobiles, real estate, and more.

The sale or disposal of Plant, Property and Equipment (PPE) is a significant transaction for any business, with implications under accounting principles, income tax laws, and Goods and Services Tax ...

(Yicai) Dec. 15 -- China’s fixed-asset investment fell in the January to November period, despite investment in key areas maintaining steady growth, according to the latest official data. Fixed-asset ...