Financial institution and Fixed assets: Difference between pages

Revision as of 11:58, 6 November 2015

Assets which are held by an entity to be used in its operations.

They are held for longer periods than current assets, being used by the entity for a number of years.

Tangible fixed assets are often reported as 'property, plant and equipment'.

Relevant accounting standards include Section 17 and Section 27 of FRS 102.

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-Financial institutions include:
+Assets which are held by an entity to be used in its operations.
-*Banks
-*Building societies
-*Insurance companies
-*Investment firms
+They are held for longer periods than current assets, being used by the entity for a number of years.
-==See also==
-*[[Bank]]
-*[[Building society]]
-*[[Insurance company]]
-*[[Investment firm]]
-* [[Non-financial corporate]]
-[[Category:The_business_context]]
+Tangible fixed assets are often reported as 'property, plant and equipment'.
+Relevant accounting standards include Section 17 and Section 27 of FRS 102.
+== See also ==
+* [[Capital expenditure]]
+* [[Capitalisation]]
+* [[Capitalise]]
+* [[Current assets]]
+* [[FRS 102]]
+* [[Impairment]]
+* [[Useful economic life]]