Learn what an amortization schedule is, its importance for loans and intangible assets, and how to calculate it using a simple formula.

Among the important characteristics of accounting information is the clarity of the financial data being reported and evaluated by owners and managers. Sometimes, a few simple numbers may paint the ...

Asset maintenance is a component of asset monitoring designed to increase the lifespan of a company’s machinery, devices, and equipment. The process is important for any business serious about keeping ...

Asset tracking is the process of monitoring, managing, and – as the name suggests – tracking the items, objects, and devices that your company owns. This includes everything from computers and other ...

Please note: This item is from our archives and was published in 2013. It is provided for historical reference. The content may be out of date and links may no longer function. The IRS says that ...