asset
In financial accounting, an asset is any resource owned by the business. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).
The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business.One can classify assets into two major asset classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.
Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the marketplace. Examples of intangible assets include goodwill, copyrights, trademarks, patents and computer programs, and financial assets, including such items as accounts receivable, bonds and stocks.
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The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business.One can classify assets into two major asset classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.
Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the marketplace. Examples of intangible assets include goodwill, copyrights, trademarks, patents and computer programs, and financial assets, including such items as accounts receivable, bonds and stocks.
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KCB sasa ina asset value ya ksh 1 trillion. ($10 billion)
Yaani baada ya KCB kununua benki Tanzania na Rwanda sasa wamefikisha asset value ya $ 10 billion au ksh 1 trillion au Tsh 20 trillion. Hio $10 billion ni kama 10% of Kenya's GDP. KCB is the largest bank in East and Central Africa in Asset value while Safaricom is the largest company in East...- Tony254
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- asset
- Replies: 139
- Forum: Kenyan News and Politics
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Lissu ni asset au liability kwa CHADEMA?
atika Hali ya kawaida CHADEMA kabla ya kampeni ilikuwa na wabunge zaidi ya 50, wakati hata kabla Lissu hajaenda Ubelgiji. Kabla ya ujio wa Lissu, CHADEMA ilikuwa kidooogo inaeleweka eleweka ingawa bado kulikuwa na majinga yanayopenda kupiga mayowe ya kutafuta Kiki, hata hivyo wananchi...- Babeli
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- asset chadema liability lissu
- Replies: 24
- Forum: Jukwaa la Siasa
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Wabunge wa Lowassa wamerudi CCM na kumpa majibu Dr Slaa kwamba mzee wao alikuwa ni Liability kwa CHADEMA!
Mwenye macho haambiwi tazama......hatimaye swali la Dr Slaa He Lowassa no asset au liability limepata majibu. Tunakoelekea Chadema itabaki na Mbowe na wale binti wa Ndesamburo basi!- johnthebaptist
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- asset chadema dr slaa edward lowassa liability wilbrod slaa
- Replies: 44
- Forum: Jukwaa la Siasa