https://wiki.treasurers.org/w/index.php?title=Economic_resource&feed=atom&action=historyEconomic resource - Revision history2024-03-28T13:04:16ZRevision history for this page on the wikiMediaWiki 1.40.0https://wiki.treasurers.org/w/index.php?title=Economic_resource&diff=17208&oldid=previmported>Doug Williamson: Create page. Source: Assets page.2020-10-29T11:35:05Z<p>Create page. Source: Assets page.</p>
<p><b>New page</b></p><div>1. ''Financial reporting - balance sheet - International Accounting Standards (IAS).'' <br />
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For IAS reporting, an economic resource is defined as a right that has the potential to produce economic benefits.<br />
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Present economic resources controlled by a reporting entity as a result of past events are assets for financial reporting purposes.<br />
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Examples include cash, trade receivables, inventory, tangible fixed assets and some intangible assets.<br />
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2.<br />
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More generally, anything that has the potential to produce economic benefits.<br />
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== See also ==<br />
* [[Accruals accounting]]<br />
* [[Assets]]<br />
* [[Balance sheet]]<br />
* [[Capital]]<br />
* [[Equity]]<br />
* [[Financial asset]]<br />
* [[Financial liability]]<br />
* [[Intangible assets]]<br />
* [[Inventory]]<br />
* [[Liabilities]]<br />
* [[Liabilities and equity]]<br />
* [[Net assets]]<br />
* [[Reporting entity]]<br />
* [[Tangible asset]]<br />
* [[Trade receivables]]<br />
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[[Category:Accounting,_tax_and_regulation]]</div>imported>Doug Williamson