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A business asset is useful property that is owned by a business. These are typically categorized as current assets, fixed assets and intangible assets. Current assets include cash, marketable securities and assets that are expected to be converted to cash or consumed within a year. Fixed assets such as property, plant and equipment have a useful life of more than a year. Intangible assets are assets that can't be touched such as the value of a brand, customer list or trademark. The following are common types of business asset.
Accounts Receivable | Bank Deposits | Buildings | Cash | Cash Equivalents | Communication Equipment | Computers | Concessions & Franchises | Construction Equipment | Cultural Assets | Debt Securities | Elevators | Equipment | Equity Securities | Fixtures | Furnishings | Goodwill | Heating, Ventilation and Air Conditioning (HVAC) | Infrastructure | Interest Receivable | Inventory | Kitchen Equipment | Land | Land Improvements | Licenses | Loans, Advances & Deposits | Machines | Marketable Securities | Media Equipment | Mobile Devices | Musical Instruments | Natural Resources | Prepaid Expenses | Prepaid Taxes | Production Equipment | Property, Plant & Equipment | Raw Materials | Recreational Facilities | Research & Development | Rights | Safety Equipment | Satellites | Shipping Equipment | Ships & Boats | Signs | Software | Storage Systems | Supplies | Taxes Receivable | Tools & Dies | Trademarks & Patents | Transportation Equipment | Uniforms | Utensils | Vehicles | Work in Progress (goods in process) |
Intangible assets are difficult to value and often aren't included on a balance sheet unless a concrete value has been established. For example, intangible assets purchased from other firms may be recorded as goodwill on a balance sheet.
Assets
This is the complete list of articles we have written about assets.
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The common types of asset.
A basic overview of money.
The definition of fixtures with examples.
An overview of property with examples.
An a-z list of personal property.
An overview of wealth with examples.
A guide to asset management.
Assets are divided into various categories for the purposes of accounting, taxation and to measure the value or financial health of an entity.
A broad category of management that includes several distinct disciplines.
A definition of asset with a few examples.
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The common types of management control.
The definition of asset tracking with examples.
An overview of IT asset management.
A list of common IT assets.
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