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Discover LudwigThe phrase "asset recognition" is correct and usable in written English.
It is typically used in accounting and finance to refer to the process of identifying and recording an asset in financial statements.
Example: "The company must ensure proper asset recognition to accurately reflect its financial position."
Alternatives: "asset identification" or "asset acknowledgment".
Exact(3)
Intangible resources that meet certain criteria for asset recognition should be capitalized as assets and their costs amortized over the best estimate of their useful lives.
In this article, we argue that the value-relevance of financial statements would be further improved if previously expensed costs are partly reversed and capitalized if, at a later period, the intangible item in question meets the asset recognition criteria.
Therefore, its value is zero in accordance with the asset recognition standards under the International Financial Reporting Standards (IFRSs).
Similar(57)
We have a temporary construct for taxation and asset value recognition.
One important asset is brand recognition.
Ed wouldn't have much money for a campaign, but he'd have an equally valuable asset: instant name recognition.
It's also speculated that other Japanese companies are hiding losses from their zaiteku transactions and that "more often than we choose to think, company managements can and do exercise judgment and discretion on loss recognition, asset valuations, and disclosures," according to Harner.
But that doesn't change the fact that Clinton got way more coverage at a critical juncture of the race, a huge asset because "[n]ame recognition is a key asset in the early going [and,] even as late as August of 2015, two in five registered Democrats nationally said they'd never heard of Sanders or had heard so little they didn't have an opinion".
One clear asset was a recognition that there is demand for teaching of HPSR+A in all five countries, reflected in the continuous uptake of HPSR+A modules within wider teaching programmes.
This includes an examination of the main financial statements, the nature of accrual measurement, revenue recognition, assets, liabilities and equity.
Trump's assets and name recognition around the world create an unprecedented ethical maze as he prepares to enter the White House.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com