Asset Accounting
Asset accounting is the accounting of the asset accounts such as: cash, accounts receivable, inventory, buildings, land, equipment and intangible assets.
Asset Accounting Terms
- Accumulated Depreciation
- Addition
- Asset Revaluation Reserve
- Audit Trail
- Brownfields Valuation
- Capitalisation
- Carrying Amount
- Cash Flow Forecast
- Condition-based Depreciation
- Current Asset
- Depreciable Amount
- Depreciated Replacement Cost
- Depreciation
- Desktop Revaluation
- Disposal
- Economic Value
- Fair Value
- Fixed Asset
- Found Asset
- Future Economic Benefit
- Greenfields Valuation
- Impairment
- Intangible Asset
- Liquid Asset
- Maintenance Expenditure
- Non-Current Asset
- Operating Expenditure
- Partial Disposal
- Reconciliation
- Recurrent Expenditure
- Remaining Useful Life
- Replacement Cost
- Replacement Value
- Residual Value
- Rolling Valuation
- Straight-line Depreciation
- Upgrade Expenditure
- Valuation
- Work Order
- Write Off
- Written Down Value
Related Pages
Contributors
The following site members have contributed to this page:
External Links & References
- A guide to asset accounting in Local Governments (502KB Pdf)
- eHow
- Google Search
- AASB Glossary
- Accounting for Infrastructure Assets - David Hope (1999)
