Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...

TO PROVIDE BUSINESSES WITH GUIDANCE ON WHEN and how to recognize a liability for asset retirement obligations, FASB issued Statement no. 143, Accounting for Asset Retirement Obligations. The statement ...

The Investment Book of Record (IBOR) is an essential tool for asset managers, and should ideally provide multi-asset class, multi-jurisdiction, and multi-investment product views of cash, security ...

Discover what a management fee is, how it’s calculated, and the typical costs involved in having your assets professionally ...

Financial advisors' basic asset location services are "one of the most powerful, yet often underutilized" strategies in portfolio management, a new Morningstar study found. Processing Content And the ...

The University defines capital equipment as tangible personal property with a useful life greater than one year with an individual or componentized cost of $5,000 or greater. The equipment can be ...

Stephanie Trovato is an experienced journalist with a focus on tech and small business. She has written for national web publications like Hubspot, SmallBizClub, and Investopedia. You can find her at ...

Accounting uses a lot of abbreviations. GL for general ledger, DR for debit, CR for credit are examples. Fixed asset accounting is no exception. Fixed assets are used frequently in financial analysis ...

As the financial landscape continues to evolve, so do the challenges and opportunities for asset managers. Rising uncertainty about the markets tied to fiscal, tariff, and monetary policies—as well as ...

The article explains ghost assets, their financial and audit impact, CARO 2020 requirements, and the importance of periodic physical verification and ...

An asset is counted as retired when it is permanently removed from service. Asset retirement can occur in processes such as a sale to another party or disposal due to obsolescence. Since long-term ...