Capital AssetsKnowledge Center |
7 items • 19.590 visits
Sign up for free
Welcome to the Capital Assets center of 12manage.
Here we exchange knowledge and experiences in the field of Capital Assets.
❗Sign up now to gain access to 12manage. It's completely free.
What are Capital Assets?Capital Assets are a type of fixed assets, something that is expected to have long-term use within a company, and which exceeds the minimum monetary amount (known as the Capitalization Limit or Cap Limit). In most countries a capital cost deduction applies to require or allow a purchaser to write off the cost of acquiring the asset over time. Rather than writing off the entire cost of acquisition in one year, it is written off over multiple years to reflect the fact that it is used in each year to do things and wears down or is used up or obsoleted to some degree. The period of time over which this occurs can range typically from 2 years for software to 30 years for buildings.
Compare also: Fixed Assets | Intangible Assets |
|
Return to Management Hub: Decision-making & Valuation | Finance & Investing More on Management | Return to Management Dictionary |
This ends our Capital Assets summary and forum. |
About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2024 12manage - The Executive Fast Track. V17.2 - Last updated: 20-5-2024. All names ™ of their owners.