Non-current assets usually generate benefits for a much longer time. This shapes how you record a patent as an accounting journal entry and document patents in the accounting balance sheet. More ...

Current asset (Wikipedia) Updated: 2006-10-19 14:07. In accounting, a current asset is an asset on the balance sheet which is expected to be sold or otherwise used up in the near future, usually ...

In light of the current accounting landscape, digital asset holders can take these steps now to head off potential risk: Increase reliance on non-GAAP measures: Investors must look to non-GAAP ...

There are five sections on a balance sheet: current assets, non-current assets, ... While it may be an overly simplistic view of the fundamental accounting equation, ...

Current accounting guidelines provide virtually no upside for companies with bitcoin on their balance sheet — but this could change. This is an opinion editorial by Matt Maraia, a CPA looking to ...

Like liabilities, assets are divided into two categories: current assets, which are those that will be sold within 12 months, and long-term assets, which will be owned and used for more than one year.

A balance sheet includes a summary of a business’s assets, liabilities, and capital. Learn what a balance sheet should include and how to create your own.

According to FASB, market feedback indicated concern with the current accounting methodology for crypto assets under ASC 350 as indefinite-lived intangible assets (whereby assets must be ...