LearningCat: Components of Fixed Asset Register

Navigating the World of Intangible Assets
Today, in the fast-changing environment of markets and companies, non-physical assets have become critical elements of value and sources of competitive edge. They are thus in contrast with costs associated with identifiable physical assets like equipment, buildings, or vehicles and refer to intellectual property, software, licenses, and goodwill. It is imperative for current day-to-day flow […]
Optimizing Asset Performance: Why Maintenance Records Matter
Let’s face it—assets are the backbone of any business. Whether it’s the machines in a factory, vehicles in a logistics fleet, or the systems keeping an office running, they all need one thing to stay alive: maintenance. But here’s the catch—not just any maintenance, but well-documented, properly recorded maintenance. And yet, too many people treat […]
Tangible Assets & Components
In India, tangible assets are highly valued. They are the tangible objects, such as machinery, structures, and even shop inventory. You must understand them and their applications whether you’re studying business or pursuing a career in chartered accounting. Let’s dissect it. What Are Tangible Assets? Items with physical worth are known as tangible assets. Come […]