The University defines capital equipment as tangible personal property with a useful life greater than one year with an individual or componentized cost of $5,000 or greater. The equipment can be ...

"PowerPlan NXT is a major step forward for large enterprises navigating growing accounting complexity,” said Raphael Shure, ...

Compare investment banking and asset management careers to find the best fit for your skills and goals. Explore sales-oriented vs. quantitative-focused career paths.

Financial advisors' basic asset location services are "one of the most powerful, yet often underutilized" strategies in portfolio management, a new Morningstar study found. Processing Content And the ...

To provide guidance for the accounting treatment of purchased and internally-generated intangible assets in compliance with gasb.No51 and University of Texas (UT ...

TO PROVIDE BUSINESSES WITH GUIDANCE ON WHEN and how to recognize a liability for asset retirement obligations, FASB issued Statement no. 143, Accounting for Asset Retirement Obligations. The statement ...

Stephanie Trovato is an experienced journalist with a focus on tech and small business. She has written for national web publications like Hubspot, SmallBizClub, and Investopedia. You can find her at ...

Explore EY's latest guidance on accounting for digital assets under US GAAP, including cryptocurrencies, stablecoins, and NFTs ...

The fixed asset custodian plays an important role in maintaining the accuracy of the data contained within the University's fixed asset system. The Office of the Comptroller relies on the custodians ...

Please note: This item is from our archives and was published in 2021. It is provided for historical reference. The content may be out of date and links may no longer function. Accounting for and ...

Accounting uses a lot of abbreviations. GL for general ledger, DR for debit, CR for credit are examples. Fixed asset accounting is no exception. Fixed assets are used frequently in financial analysis ...

An asset is counted as retired when it is permanently removed from service. Asset retirement can occur in processes such as a sale to another party or disposal due to obsolescence. Since long-term ...