Accounting and Financial Report 3: Tangible and intangible Assets

PP+E

Intangible assets

Financial Asssets

Other

Right to receive cash

Bonds

Land

Tax

pensions

Historical Cost

HC or fair value

Purchase cost

finders fee

transportation fee

etc.

useful life of an item

Accrual principle

depreciation

Amortization

Straight line

Diminishing-balance

impairments

Capex is buying PP&E

look at ratio