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Fixed Asset |
Also found in: Financial, Acronyms, Wikipedia, Hutchinson | 0.04 sec. |
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Property, such as machinery or buildings, utilized in a business that will not be used or liquidated during the current fiscal period. |
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? References in periodicals archive |
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An exposure draft of a proposed statement of position, Accounting for Certain Costs and Activities Related to Property, Plant, and Equipment, has been issued by the Accounting Standards Executive Committee. The Federal Accounting Standards Advisory Board has issued an exposure draft of a proposed statement of recommended accounting standards, Accounting for Property, Plant, and Equipment. 4 million non-cash gain in 2003 associated with the sale of property, plant, and equipment, which is reflected in other expenses. |
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