asset recognition

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• Asset — This article is about the business definition. For other uses, see Asset (disambiguation). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · …   Wikipedia

• asset — A resource expected to provide future economic benefits. Assets possess a number of characteristics: (i) they provide economic benefits; (ii) they are under the control of an individual or organization; (iii) their existence is certain, although… …   Auditor's dictionary

• Intangible Asset — An asset that is not physical in nature. Corporate intellectual property (items such as patents, trademarks, copyrights, business methodologies), goodwill and brand recognition are all common intangible assets in today s marketplace. An… …   Investment dictionary

• Fixed asset — Long lived property owned by a firm that is used by a firm in the production of its income. Tangible fixed assets include real estate, plant, and equipment. Intangible fixed assets include patents, trademarks, and customer recognition. The New… …   Financial and business terms

• fixed asset — Long lived property owned by a firm that is used by a firm in the production of its income. tangible fixed assets include real estate, plant, and equipment. intangible fixed assets include patents , trademarks , and customer recognition.… …   Financial and business terms

• Intangible asset — Intangible assets are defined as identifiable non monetary assets that cannot be seen, touched or physically measured, which are created through time and/or effort and that are identifiable as a separate asset. There are two primary forms of… …   Wikipedia

• List of speech recognition software — Modern Speech recognition software enables a single computer user to speak text and/or commands to the computer, largely, but not entirely, bypassing the use of the keyboard and mouse interface.The idea has been portrayed in science fiction for… …   Wikipedia

• Tangible Asset — Assets that have a physical form. Tangible assets include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory. The opposite of a tangible asset is an intangible asset. Nonphysical assets, such as… …   Investment dictionary

• Revenue recognition — principle is an important accounting principle, which is the main difference between cash basis accounting and accrual basis accounting. In cash basis accounting revenues are simply recognized when cash is received no matter when and how the… …   Wikipedia

• contingent asset — A potential *asset whose existence and quantification are doubtful. Many systems of *Generally Accepted Accounting Principles require the *disclosure of *material contingent assets in financial statements, but do not allow the *recognition of… …   Auditor's dictionary

• intangible asset — A *long term *asset that does not possess physical substance. Examples include *brands, *goodwill, and intellectual capital. The recognition of some intangible assets is carefully controlled by most systems of *Generally Accepted Accounting… …   Auditor's dictionary