Fixed assets are assets that are staples of your business, like property, equipment, and plants. These assets are tangible and depreciable, and typically last for longer than one year. Understanding ...

Assets refer to resources that can be converted into cash. Learn how assets work, the various types of assets, how to determine an asset's value and more.

In simple words, an asset is something of value owned by an organization or person. Your car is an asset and so is your house. Other examples of assets include patent formulas, industrial machinery, a ...