Use this accounting resource to improve your accounting knowledge and bookkeeping understanding. All of these accounting terms have been reviewed and are written so they can be understood for a wide range of accountants, bookkeeppers, cpas professionals.
Please pick a letter to proceed to the terms associated with that letter.
Other Assets is a category of assets on the Balance Sheet including intangible assets that will not be converted into cash over the next 12 months. Examples of Other Assets are goodwill, covenant not to compete, trademarks, catalogs, brands, copyrights, loan fees, escrow costs, formulas, franchises, and mailing lists.
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