Fixed Assets and Depreciation
By Hercules Bantas
- Release Date: 2013-01-22
- Genre: Accounting
Description
Fixed assets - property, plant, and equipment - are an integral part of doing business for many organisations, but they can present problems when preparing financial reports. This essay-length guide looks at the various types of fixed assets and the role they play in financial reporting. Topics covered include depreciation, disposal of assets, and gain/loss on disposal.
