Tangible Assets

Knowledge Center





Summary, forum, best practices, expert tips and resources.

 

Tangible assetsDefinition Tangible Assets? Meaning.


Tangible Assets are those assets that can be seen and have a physical existence. Typical examples of tangible assets are:

  • Machinery
  • Equipment, tools
  • IT hardware
  • Inventory (stock)
  • Vehicles
  • Cars
  • Ships
  • Airplanes
  • Houses
  • Offices
  • Plants
  • Land
  • Buildings
  • Money
  • Payments owed to you

The opposite of a tangible asset is an intangible asset. Common examples of intangible assets include brands, reputation, copyrights, patents, trademarks, trade secrets, know-how, goodwill.


Accounting Treatment of Tangible Assets

  • In accounting, this type of assets should be depreciated if it has an anticipated useful life of more than one year. A process of depreciation is used to allocate part of the asset's expense to each year of its useful life, instead of allocating the entire expense to the year in which the asset is purchased.
  • Note that in accounting, accounts receivable are also considered tangible, although they are not physical.
Tangible Assets Special Interest Group


Special Interest Group (5 members)


Forum about Tangible Assets  

Discussions about Tangible Assets.


🔥 NEW Quotes on Tangible Assets. Quotations
Hi, do you know of a remarkable, humorous quote by a famous person or a proverb related to tangible assets?Please enter (...)
 
 
 
 

Best Practices about Tangible Assets

Here you find the most valuable discussions from the past.



Expert Tips about Tangible Assets

Here you will find advices by experts.



Information Sources about Tangible Assets

Here you will find powerpoints, videos, news, etc.



Compare with: Intangible Assets  |  Depreciation

Special Interest Group Leader

You here? Sign up for free


 
 

Return to Management Hub: Decision-making & Valuation  |  Finance & Investing


More on Management  |  Return to Management Dictionary  | 

 

This ends our Tangible Assets summary and forum.



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2020 12manage - The Executive Fast Track. V15.5 - Last updated: 5-7-2020. All names of their owners.