Non Current Assets or Fixed Assets

In usual countries, not current assets are commonly classified like:

a) Intangible assets

1. Patents
2. Licences
3. Development Costs
4. Goodwill

b) Tangible Assets

1. Land and buildings
2. Plant and Equipment
3. Furniture, fixtures and fittings

c) Investments

1. Loans
2. Shares

Posted Date: 1/25/2013 1:43:55 AM | Location : United States

Ask an Expert

Related Discussions:- Non current assets or fixed assets, Assignment Help, Ask Question on Non current assets or fixed assets, Get Answer, Expert's Help, Non current assets or fixed assets Discussions

Write discussion on Non current assets or fixed assets
Your posts are moderated

Write your message here..

Related Questions

CODE OF eTHIC, Kelley Brent, CA, is a partner in a one-office CA firm that ... Kelley Brent, CA, is a partner in a one-office CA firm that audits Dane, Inc., a closely held corporation. Kelley''''s sister was recently appointed as the chief financial officer

Overview of the audit process, (i) Overview of the audit process (a) Ide... (i) Overview of the audit process (a) Identify the key steps in this framework/ concept. (b) Briefly explain each of the key steps, in your own words. (ii) Framework of cr

Preliminary evaluation of internal control, In order for auditor to perform... In order for auditor to perform audit as per GAAS, only programming independence is required from the audit client. Ans: Yes I agree with the statement as: Programming independe

Information included in current file in auditing, information included in c... information included in current file in auditing

The use of engagement letters, The Use of Engagement Letters There is a... The Use of Engagement Letters There is a contractual relationship among an accountant and his client. The accountant must therefore make sure that at the time he decided to exe

Companies modes of operation, Companies Modes of Operation Some compani... Companies Modes of Operation Some companies (especially small ones) operate without any overtly expressed plan and simply carry out the business as always, responding to market

Private audit, main areas contained in a private audit main areas contained in a private audit

Techniques of obtaining evidence, Techniques of Obtaining Evidence ISA... Techniques of Obtaining Evidence ISA 500 mentions them as such: Inspection of documents or records, Inspection of tangible assets, Observation, Inq

Explain the before an audit processes?, ? Decide what areas of the company ... ? Decide what areas of the company will be audited and the frequency of the audits. Prepare a yearly audit schedule and distribute. ? Make an audit plan. Decide what other audit r

Necessity of accountant, Necessity of Accountant The accountant is no... Necessity of Accountant The accountant is not necessary To expand his enquiries beyond the information enclosed in the relevant documents as supplemented through such e