What are Capital Assets? Meaning.
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.
|
Special Interest Group
|
Join
|
|
Capital Assets Special Interest Group.
Special Interest Group (38 members)
|
|
|
Forum about Capital Assets.
|
|
|
The top-rated topics about Capital Assets. Here you will find the most valuable ideas and practical suggestions.
|
|
|
Advanced insights about Capital Assets. Here you will find professional advices by experts.
|
|
|
Various sources of information regarding Capital Assets. Here you will find powerpoints, videos, news, etc. to use in your own lectures and workshops.
|
|
Compare also: Fixed
Assets | Intangible
Assets
|
|
|
Copy this into your study materials:
and add a hyperlink to:
|
|
|
Link to this knowledge center
|
|
Copy this HTML code to your web site:
|
|
|
|
|
|
|
|
