Boundless Teaching Platform: Customize, Engage, and Empower Educators

1. Boundless Lecture Slides Available on the Boundless Teaching Platform Free to share, print, make copies and changes. Get yours at www.boundless.com

2. Using Boundless Presentations Boundless Teaching Platform Boundless empowers educators to engage their students with affordable, customizable textbooks and intuitive teaching tools. The free Boundless Teaching Platform gives educators the ability to customize textbooks in more than 20 subjects that align to hundreds of popular titles. Get started by using high quality Boundless books, or make switching to our platform easier by building from Boundless content pre-organized to match the assigned textbook. This platform gives educators the tools they need to assign readings and assessments, monitor student activity, and lead their classes with pre-made teaching resources. Get started now at: • The Appendix The appendix is for you to use to add depth and breadth to your lectures. You can simply drag and drop slides from the appendix into the main presentation to make for a richer lecture experience. http://boundless.com/teaching-platform • Free to edit, share, and copy Feel free to edit, share, and make as many copies of the Boundless presentations as you like. We encourage you to take these presentations and make them your own. If you have any questions or problems please email: educators@boundless.com Free to share, print, make copies and changes. Get yours at www.boundless.com

3. About Boundless • Boundless is an innovative technology company making education more affordable and accessible for students everywhere. The company creates the world’s best open educational content in 20+ subjects that align to more than 1,000 popular college textbooks. Boundless integrates learning technology into all its premium books to help students study more efficiently at a fraction of the cost of traditional textbooks. The company also empowers educators to engage their students more effectively through customizable books and intuitive teaching tools as part of the Boundless Teaching Platform. More than 2 million learners access Boundless free and premium content each month across the company’s wide distribution platforms, including its website, iOS apps, Kindle books, and iBooks. To get started learning or teaching with Boundless, visit boundless.com. Free to share, print, make copies and changes. Get yours at www.boundless.com

4. Introduction to Long-Lived Assets Controlling and Reporting of Real Assets: Property, Plant, Equipment, and Natural Resources Components of Asset Cost Valuing of Assets Depreciation of Assets ] Impairment of Assets Controlling and Reporting of Real Assets: Prope... Free to share, print, make copies and changes. Get yours at www.boundless.com

5. Disposal of Assets Controlling and Reporting of Real Assets: Property, Plant, Equipment, and Natural Resources(continued) Depletion of Assets Natural Resources Reporting and Analyzing Assets ] Controlling and Reporting of Real Assets: Prope... Free to share, print, make copies and changes. Get yours at www.boundless.com

6. Controlling and Reporting of Real Assets: Prope... > Introduction to Long-Lived Assets Introduction to Long-Lived Assets • Defining Long-Lived Assets • Types of Long-Lived Assets • Accounting Perspectives on Long-Lived Assets Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/accounting/textbooks/boundless-accounting-textbook/controlling-and-reporting-of-real-assets-property-plant-equipment-and-natural-resources-6/introduction-to-long-lived-assets-41/

7. Controlling and Reporting of Real Assets: Prope... > Components of Asset Cost Components of Asset Cost • Cost of Land • Cost of Buildings • Cost of Equipment • Cost of Improvements • Cost of Interest During Construction Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/accounting/textbooks/boundless-accounting-textbook/controlling-and-reporting-of-real-assets-property-plant-equipment-and-natural-resources-6/components-of-asset-cost-42/

8. Controlling and Reporting of Real Assets: Prope... > Valuing of Assets Valuing of Assets • Basic Components of Asset Valuation • Additional Factors to Consider • Valuing Repairs, Maintenance, and Additions Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/accounting/textbooks/boundless-accounting-textbook/controlling-and-reporting-of-real-assets-property-plant-equipment-and-natural-resources-6/valuing-of-assets-43/

9. Controlling and Reporting of Real Assets: Prope... > Depreciation of Assets Depreciation of Assets • What Is Depreciation? • Factors for Calculating Depreciation • Methods of Depreciation • Impact of Depreciation Method Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/accounting/textbooks/boundless-accounting-textbook/controlling-and-reporting-of-real-assets-property-plant-equipment-and-natural-resources-6/depreciation-of-assets-44/

10. Controlling and Reporting of Real Assets: Prope... > Impairment of Assets Impairment of Assets • Impairment Recognition • Impairment Measurement • Loss Restoration Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/accounting/textbooks/boundless-accounting-textbook/controlling-and-reporting-of-real-assets-property-plant-equipment-and-natural-resources-6/impairment-of-assets-45/

11. Controlling and Reporting of Real Assets: Prope... > Disposal of Assets Disposal of Assets • Sale • Involuntary Conversion Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/accounting/textbooks/boundless-accounting-textbook/controlling-and-reporting-of-real-assets-property-plant-equipment-and-natural-resources-6/disposal-of-assets-46/

12. Controlling and Reporting of Real Assets: Prope... > Depletion of Assets Depletion of Assets • Depletion Base • Resource Cost Write-Off • Recoverable Reserves Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/accounting/textbooks/boundless-accounting-textbook/controlling-and-reporting-of-real-assets-property-plant-equipment-and-natural-resources-6/depletion-of-assets-47/

13. Controlling and Reporting of Real Assets: Prope... > Natural Resources Natural Resources • Special Considerations for Acquisition and Depletion of Natural Resources Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/accounting/textbooks/boundless-accounting-textbook/controlling-and-reporting-of-real-assets-property-plant-equipment-and-natural-resources-6/natural-resources-48/

14. Controlling and Reporting of Real Assets: Prope... > Reporting and Analyzing Assets Reporting and Analyzing Assets • Reporting Assets • Return on Assets • Asset Turnover Ratio Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/accounting/textbooks/boundless-accounting-textbook/controlling-and-reporting-of-real-assets-property-plant-equipment-and-natural-resources-6/reporting-and-analyzing-assets-49/

15. Appendix Free to share, print, make copies and changes. Get yours at www.boundless.com

16. Controlling and Reporting of Real Assets: Prope... Key terms • accelerated depreciationAccelerated depreciation methods calculate a higher depreciation charge in the first year of an asset's life, with gradually decreasing charges in subsequent years. This may be a more realistic reflection of an asset's actual expected benefit based on the use of the asset; many assets are most useful when they are new. • accelerated-depreciation methoda company, for 'financial accounting' or tax purposes, depreciates a fixed asset in such a way that the amount of depreciation taken each year is higher during the earlier years of an asset's life • accrual accountingrefers to the concept of recognizing and reporting revenues when earned and expenses when incurred, regardless of the effect on cash. • accrueTo increase, to augment; to come to by way of increase; to arise or spring as a growth or result; to be added as increase, profit, or damage, especially as the produce of money lent. • Accumulated DepreciationAccumulated depreciation is known as a contra account, because it separately shows a negative amount that is directly associated with another account. • additions and improvementexpense accrued to increase the productivity of an asset • adjusted basisThe net cost of an asset after adjusting for various tax-related items. • assetSomething or someone of any value; any portion of one's property or effects so considered • assetSomething or someone of any value; any portion of one's property or effects so considered • AssetsA resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit. • balance sheetA balance sheet is often described as a "snapshot of a company's financial condition. " A standard company balance sheet has three parts: assets, liabilities, and ownership equity. • balance sheetA summary of a person's or organization's assets, liabilities. and equity as of a specific date. Free to share, print, make copies and changes. Get yours at www.boundless.com

17. Controlling and Reporting of Real Assets: Prope... • book valueThe value of an asset as reflected on an entity's accounting books, net of depreciation, but without accounting for market value appreciation. • book valuethe value is based on the original cost of the asset less any depreciation, amortization or Impairment costs made against the asset. • Capital CostsCapital costs are fixed, one-time expenses incurred on the purchase of land, buildings, construction, and equipment used in the production of goods or in the rendering of services. Put simply, it is the total cost needed to bring a project to a commercially operable status. • capital expenditureFunds spent by a company to acquire or upgrade a long-term asset. • Capital ExpendituresA capital expenditure is incurred when a business spends money either to buy fixed assets or to add to the value of an existing fixed asset with a useful life extending beyond the taxable year. • capital improvementsActivities directed towards expanding the capacity of an asset or otherwise upgrading it to serve needs different from, or significantly greater than, its current use. • capitalizationThe act of calculating the present value of an asset. • cash flowscash received or paid by a company for its business activities. • casualtySomething that happens by chance, especially an unfortunate event; an accident, a disaster. • competitorA person or organization against whom one is competing. • Comprehensive IncomeThe change in a company's owner's equity [net assets] due to transactions and other events and circumstances from non-owner sources. Comprehensive income is the sum of net income and other items that must bypass the income statement because they have not been realized • condemnationThe process by which a public entity exercises its powers of eminent domain. Free to share, print, make copies and changes. Get yours at www.boundless.com

18. Controlling and Reporting of Real Assets: Prope... • contra asset accountan account that corresponds to another is affected when a transaction is recorded • cost principleassets should always be recorded at their purchase price • declining-balance methoddepreciation is based on a percent of the asset's previous year ending book value • deferred maintenanceThe failure to perform needed repairs could lead to asset deterioration and, ultimately, asset impairment. • depletionThe act of depleting, or the state of being depleted; exhaustion. • depreciationThe measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets. • depreciationThe measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets. • depreciationThe measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets. • depreciationThe measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets. • depreciationThe measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets. • depreciationThe measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets. • depreciationThe measurement of the decline in value of assets. Not to be confused with impairment, which is the measurement of the unplanned, extraordinary decline in value of assets. Free to share, print, make copies and changes. Get yours at www.boundless.com

19. Controlling and Reporting of Real Assets: Prope... • economic entity assumptionthe business is a separate and distinct from its owner(s) • fixed assetAsset or property which cannot easily be converted into cash, such as land, buildings, and machinery. • fixed assetAsset or property which cannot easily be converted into cash, such as land, buildings, and machinery. • historical costThe original monetary value of an economic item and based on the stable measuring unit assumption. Improvements may be added to an asset's cost. • historical costThe original monetary value of an economic item and based on the stable measuring unit assumption. Improvements may be added to an asset's cost. • impairmentA downward revaluation, a write-down. • income statementDisplays the revenues recognized for a specific period and the cost and expenses charged against these revenues, including write-offs (e.g., depreciation and amortization of various assets) and taxes. The purpose of the income statement is to show managers and investors whether the company made or lost money during the reporting period. • income statementA calculation which shows the profit or loss of an accounting unit (company, municipality, foundation, etc.) during a specific period of time, providing a summary of how the profit or loss is calculated from gross revenue and expenses. • intangibleIncapable of being perceived by the senses; incorporeal. • intangible assetAny valuable property of a business that does not appear on the balance sheet, including intellectual property, customer lists, and goodwill. • International Accounting Standardaccounting rules that are a part of IFRS (International Financial Reporting Standards), a common global language for business affairs so that company accounts are understandable and comparable across international boundaries. • International Financial Reporting StandardsInternational Financial Reporting Standards (IFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries Free to share, print, make copies and changes. Get yours at www.boundless.com

20. Controlling and Reporting of Real Assets: Prope... • inventoryA detailed list of all of the items on hand. • journal entryA journal entry, in accounting, is a logging of transactions into accounting journal items. The journal entry can consist of several items, each of which is either a debit or a credit. The total of the debits must equal the total of the credits or the journal entry is said to be "unbalanced. " Journal entries can record unique items or recurring items, such as depreciation or bond amortization. • liabilityAn obligation, debt or responsibility owed to someone. • managementAdministration; the process or practice of managing. • natural resourceAny source of wealth that occurs naturally, especially minerals, fossil fuels, timber, etc. • net incomeNet income also referred to as the bottom line, net profit, or net earnings is an entity's income minus expenses for an accounting period. • non-current assetsAlso known as fixed assets, a non-current asset is a term used in accounting for assets and property which cannot easily be converted into cash. • obsolescenceThe process of becoming obsolete, outmoded, or out of date. • property, plant, and equipmentan accounting term for certain fixed assets and property which will be used for a long period of time, such as land, machinery, and factories • realizeTo acquire as an actual possession; to obtain as the result of plans and efforts; to gain; to get. • recoverabilityThe property of being able to recover. • residual valueIn accounting, residual value is another name for salvage value, the remaining value of an asset after it has been fully depreciated. Free to share, print, make copies and changes. Get yours at www.boundless.com

21. Controlling and Reporting of Real Assets: Prope... • salvage valuealso known as residual value; the remaining value of an asset after it has been fully depreciated. • salvage valuealso known as residual value; the remaining value of an asset after it has been fully depreciated. • useful lifethe length of time, typically in years, that an asset is expected to function and be useful. • valuationThe process of estimating the market value of a financial asset or liability. Free to share, print, make copies and changes. Get yours at www.boundless.com

22. Controlling and Reporting of Real Assets: Prope... The cost of equipment includes all costs paid to put the asset into use. Equipment is listed in a separate section within the balance sheet. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Farming Equipment."CC BY-SAhttp://commons.wikimedia.org/wiki/File:Farming_Equipment.jpgView on Boundless.com

23. Controlling and Reporting of Real Assets: Prope... Balance Sheet The balance sheet is where you will find information regarding the value of the business's assets, which is necessary to calculate the business's asset turnover ratio. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."DWBA DBS."CC BY-SAhttp://commons.wikimedia.org/wiki/File:DWBA_DBS.jpgView on Boundless.com

24. Controlling and Reporting of Real Assets: Prope... Depreciation reflects the wear and tear experienced by an asset in use. Cars depreciate in value throughout their useful life. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."GilmertonFiat126s."CC BY-SAhttp://commons.wikimedia.org/wiki/File:GilmertonFiat126s.jpgView on Boundless.com

25. Controlling and Reporting of Real Assets: Prope... There are several asset depreciation methods to choose from. The depreciation method for an automobile should reflect the asset's use throughout its life. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Automobile, Richmond."CC BY-SAhttp://commons.wikimedia.org/wiki/File:Automobile,_Richmond.jpgView on Boundless.com

26. Controlling and Reporting of Real Assets: Prope... Factory Workers Assembling an Engine The equipment and plant used to product a business's product must be recorded on its balance sheet. Free to share, print, make copies and changes. Get yours at www.boundless.com U.S.Library of Congress."[Factory workers assembling engines at Leland & Faulconer Manufacturing Co., Detroit, Mich.]."CC BYhttp://www.loc.gov/pictures/resource/det.4a26764/View on Boundless.com

27. Controlling and Reporting of Real Assets: Prope... Car Repairs Cars require regular maintenance. Such contingent liabilities can be estimated reliably based on historical cost and readily available information. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."Automobile repair shop."GNU FDLhttp://en.wikipedia.org/wiki/Automobile_repair_shopView on Boundless.com

28. Controlling and Reporting of Real Assets: Prope... Asset Recognition Items spent to get the asset up and running is capitalized as part as the cost of the asset. Free to share, print, make copies and changes. Get yours at www.boundless.com Stock.KCHNG.License: Otherhttp://www.sxc.hu/pic/m/m/mo/morrhigan/83530_ledger_page.jpgView on Boundless.com

29. Controlling and Reporting of Real Assets: Prope... An upward revision to an asset's value can recover prior impairment losses Only assets accounted for under the revaluation model can have their book value adjusted to market value. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."US Navy 050207-N-7415B-006 Hull Technician 1st Class Jacob Dutchover, assigned to the R-1 Division, Repair Department, tightens down a wheel as he repairs wheelchairs for citizens of Douala, Cameroon, aboard USS Emory S.Land (."Public domainhttp://commons.wikimedia.org/wiki/File:US_Navy_050207-N-7415B-006_Hull_Technician_1st_Class_Jacob_Dutchover,_assigned_to_the_R-1_Division,_Repair_Department,_tightens_down_a_wheel_as_he_repairs_wheelchairs_for_citizens_of_Douala,_Cameroon,_aboard_USS_Emory_S._Land_(.jpgView on Boundless.com

30. Controlling and Reporting of Real Assets: Prope... An example of an asset improvement can be the addition of a logo to a delivery truck. The cost of the improvement adds value to the asset. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Wilsbach Navistar VT Hackney pic9."CC BY-SAhttp://commons.wikimedia.org/wiki/File:Wilsbach_Navistar_VT_Hackney_pic9.jpgView on Boundless.com

31. Controlling and Reporting of Real Assets: Prope... The impairment of an asset reduces its value on the balance sheet. The cost of an impaired building beyond repair is disclosed as a loss on the income statement. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Damaged government building in Sarajevo, 1996."Public domainhttp://commons.wikimedia.org/wiki/File:Damaged_government_building_in_Sarajevo,_1996.JPEGView on Boundless.com

32. Controlling and Reporting of Real Assets: Prope... A Sample Income Statement Expenses are listed on a company's income statement. Free to share, print, make copies and changes. Get yours at www.boundless.com Flickr."All sizes | y2cary3n6mng-5ha51l-income-statement-example | Flickr - Photo Sharing!."CC BY-SAhttp://www.flickr.com/photos/sampjb/7690678408/sizes/l/View on Boundless.com

33. Controlling and Reporting of Real Assets: Prope... The depletion base for oil reserves includes all the costs incurred to put the asset into use. Types of costs include acquisition, exploration, development, and restoration costs. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Oil depletion per country."Public domainhttp://commons.wikimedia.org/wiki/File:Oil_depletion_per_country.pngView on Boundless.com

34. Controlling and Reporting of Real Assets: Prope... Recoverable copper reserves include the amount of the current copper deposits present. The amount of recoverable reserves are used to compute an asset's depletion. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Open Pit Mines, Southern Arizona 2010-01-14 IISS022-E-26137."Public domainhttp://commons.wikimedia.org/wiki/File:Open_Pit_Mines,_Southern_Arizona_2010-01-14_IISS022-E-26137.jpgView on Boundless.com

35. Controlling and Reporting of Real Assets: Prope... An Asset for Sale -- one way of disposing an asset is by selling it. A business disposing of a building through a sale receives cash proceeds and may realize a gain or loss. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."HK Sheung Wan Zone Sub-station 香 Electric Co 電 Power Assets Holdings 西 Western Fire Services Street April-2012."CC BY-SAhttp://commons.wikimedia.org/wiki/File:HK_Sheung_Wan_Zone_Sub-station_%E9%A6%99%E6%B8%AF%E9%9B%BB%E7%87%88_Electric_Co_%E9%9B%BB%E8%83%BD_Power_Assets_Holdings_%E8%A5%BF%E6%B6%88%E9%98%B2%E8%A1%97_Western_Fire_Services_Street_April-2012.JPGView on Boundless.com

36. Controlling and Reporting of Real Assets: Prope... An involuntary conversion is the forced disposal of an asset. An airplane manufacturer's involuntary conversion of a plane can result in a loss or gain on the income statement. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."F-14A VF-14 at NAS Fallon 1988."Public domainhttp://commons.wikimedia.org/wiki/File:F-14A_VF-14_at_NAS_Fallon_1988.JPEGView on Boundless.com

37. Controlling and Reporting of Real Assets: Prope... Emerging Values: Environmentalism and Green Energy Image of an energy plant. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Coal power plant Datteln 1."CC BY-SA 2.5http://commons.wikimedia.org/wiki/File:Coal_power_plant_Datteln_1.jpgView on Boundless.com

38. Controlling and Reporting of Real Assets: Prope... When natural resources have their value reduced to zero they are written off. An asset write-off removes an asset's cost off the balance sheet and expenses it on the income statement. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Green River Natural Resources Area - observation tower 01."CC BY-SAhttp://commons.wikimedia.org/wiki/File:Green_River_Natural_Resources_Area_-_observation_tower_01.jpgView on Boundless.com

39. Controlling and Reporting of Real Assets: Prope... Asset Classes Capital expenditures are incurred to get the asset "up and running". Free to share, print, make copies and changes. Get yours at www.boundless.com Stock.KCHNG.License: Otherhttp://www.sxc.hu/pic/m/d/dj/djshaw/90357_accounting_calculator_1.jpgView on Boundless.com

40. Controlling and Reporting of Real Assets: Prope... Most of the interest paid during construction is part of an asset's cost. Interest paid during delays in construction is excluded from the asset's cost. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."File:20100516 CENTRAL BANK INTEREST RATES AND TOTAL LENDING FOR PROPERTY 1990.pdf - Wikimedia Commons."Public domainhttp://commons.wikimedia.org/w/index.php?title=File:20100516_CENTRAL_BANK_INTEREST_RATES_AND_TOTAL_LENDING_FOR_PROPERTY_1990.pdf&page=1View on Boundless.com

41. Controlling and Reporting of Real Assets: Prope... The cost of land is based on its acquisition price. All costs associated with acquiring land and putting it to use are included in the cost of land. Free to share, print, make copies and changes. Get yours at www.boundless.com Flickr."All sizes | McDonald's Headquarters | Flickr - Photo Sharing!."CC BYhttp://www.flickr.com/photos/vegasrob/2900433780/sizes/o/View on Boundless.com

42. Controlling and Reporting of Real Assets: Prope... Carson Fall, Mt. Kinabalu in Malaysia Carson Fall in Mount Kinabalu, Malaysia is an example of an undisturbed natural resource. Waterfalls provide spring water for humans, animals, and plants for survival and also provides habitat for marine organisms. The water current can be used to turn turbines for hydroelectric generation. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."Carson Fall Mt Kinabalu."CC BY-SAhttp://en.wikipedia.org/wiki/File:Carson_Fall_Mt_Kinabalu.jpgView on Boundless.com

43. Controlling and Reporting of Real Assets: Prope... Rainforest Fatu Hiva The rainforest on Fatu Hiva, Marquesas Islands is an example of an undisturbed natural resource. Forest provides timber for humans and food and shelter for flora and fauna. The nutrient cycle between organisms form food chains and biodiversity of species. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."Rainforest Fatu Hiva."CC BY-SAhttp://en.wikipedia.org/wiki/File:Rainforest_Fatu_Hiva.jpgView on Boundless.com

44. Controlling and Reporting of Real Assets: Prope... Apple is a successful company with considerable goodwill. This is an example of an additional factor beyond book value that contributes to the overall valuation of a company. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Logo Apple.inc."Public domainhttp://commons.wikimedia.org/wiki/File:Logo_Apple.inc.gifView on Boundless.com

45. Controlling and Reporting of Real Assets: Prope... The cost of a building can include construction costs and other costs incurred to put the building into use. Delays in construction can effect the total cost of a building. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Municipal Building Price Utah."CC BY-SAhttp://commons.wikimedia.org/wiki/File:Municipal_Building_Price_Utah.jpegView on Boundless.com

46. Controlling and Reporting of Real Assets: Prope... Physical damage to an asset can result in an impairment loss. The impairment of a building is measured by determining the amount of value the asset has lost. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Unbomb."Public domainhttp://commons.wikimedia.org/wiki/File:Unbomb.jpgView on Boundless.com

47. Controlling and Reporting of Real Assets: Prope... Different depreciation methods have different effects on revenues and assets. The depreciation method used to depreciate a car calculates an expense that reduces income. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Automobile."CC BY-SAhttp://commons.wikimedia.org/wiki/File:Automobile.jpgView on Boundless.com

48. Controlling and Reporting of Real Assets: Prope... Attribution • Wiktionary."income statement."CC BY-SA 3.0http://en.wiktionary.org/wiki/income_statement • Wiktionary."balance sheet."CC BY-SA 3.0http://en.wiktionary.org/wiki/balance_sheet • Wikipedia."Asset."CC BY-SA 3.0http://en.wikipedia.org/wiki/Asset • Wikipedia."Book value."CC BY-SA 3.0http://en.wikipedia.org/wiki/Book_value • Wikipedia."adjusted basis."CC BY-SA 3.0http://en.wikipedia.org/wiki/adjusted%20basis • Wiktionary."depreciation."CC BY-SA 3.0http://en.wiktionary.org/wiki/depreciation • Wikipedia."Depletion (accounting)."CC BY-SA 3.0http://en.wikipedia.org/wiki/Depletion_(accounting) • Wikipedia."Depletion (accounting)."CC BY-SA 3.0http://en.wikipedia.org/wiki/Depletion_(accounting) • Wikipedia."Capital Costs."CC BY-SA 3.0http://en.wikipedia.org/wiki/Capital%20Costs • Wikibooks."Accountancy/Non-current assets."CC BY-SA 3.0http://en.wikibooks.org/wiki/Accountancy/Non-current_assets • Wikipedia."Fixed assets."CC BY-SA 3.0http://en.wikipedia.org/wiki/Fixed_assets • Wikipedia."Capital Expenditures."CC BY-SA 3.0http://en.wikipedia.org/wiki/Capital%20Expenditures • Wikibooks."Intermediate Accounting/Assets."CC BY-SA 3.0http://en.wikibooks.org/wiki/Intermediate_Accounting/Assets • Wiktionary."natural resource."CC BY-SA 3.0http://en.wiktionary.org/wiki/natural_resource • Wiktionary."asset."CC BY-SA 3.0http://en.wiktionary.org/wiki/asset • Wiktionary."depletion."CC BY-SA 3.0http://en.wiktionary.org/wiki/depletion • Wikipedia."Resource depletion."CC BY-SA 3.0http://en.wikipedia.org/wiki/Resource_depletion Free to share, print, make copies and changes. Get yours at www.boundless.com

49. Controlling and Reporting of Real Assets: Prope... • Wikipedia."Natural resource."CC BY-SA 3.0http://en.wikipedia.org/wiki/Natural_resource • http://www.opencollegetextbooks.org/category/accounting/.CC BYhttp://www.opencollegetextbooks.org/category/accounting/ • Wiktionary."depreciation."CC BY-SA 3.0http://en.wiktionary.org/wiki/depreciation • Wiktionary."casualty."CC BY-SA 3.0http://en.wiktionary.org/wiki/casualty • Wiktionary."condemnation."CC BY-SA 3.0http://en.wiktionary.org/wiki/condemnation • Wikibooks."Accountancy/Non-current assets."CC BY-SA 3.0http://en.wikibooks.org/wiki/Accountancy/Non-current_assets%23Disposal • http://www.opencollegetextbooks.org/category/accounting/.CC BYhttp://www.opencollegetextbooks.org/category/accounting/ • Wikibooks."Intermediate Accounting/Assets."CC BY-SA 3.0http://en.wikibooks.org/wiki/Intermediate_Accounting/Assets • Wikipedia."non-current assets."CC BY-SA 3.0http://en.wikipedia.org/wiki/non-current%20assets • Wiktionary."depreciation."CC BY-SA 3.0http://en.wiktionary.org/wiki/depreciation • Wikipedia."Depletion (accounting)."CC BY-SA 3.0http://en.wikipedia.org/wiki/Depletion_(accounting) • Wikipedia."Extraction of petroleum."CC BY-SA 3.0http://en.wikipedia.org/wiki/Extraction_of_petroleum • http://www.opencollegetextbooks.org/category/accounting/.CC BYhttp://www.opencollegetextbooks.org/category/accounting/ • Wikipedia."Comprehensive Income."CC BY-SA 3.0http://en.wikipedia.org/wiki/Comprehensive%20Income • Wikipedia."International Financial Reporting Standards."CC BY-SA 3.0http://en.wikipedia.org/wiki/International%20Financial%20Reporting%20Standards • Wikipedia."Revaluation of fixed assets."CC BY-SA 3.0http://en.wikipedia.org/wiki/Revaluation_of_fixed_assets • Wikibooks."Accountancy/Non-current assets."CC BY-SA 3.0http://en.wikibooks.org/wiki/Accountancy/Non-current_assets • Wikipedia."Historical cost."CC BY-SA 3.0http://en.wikipedia.org/wiki/Historical_cost%23Revaluation_of_property.2C_plant_and_equipment • Wiktionary."depreciation."CC BY-SA 3.0http://en.wiktionary.org/wiki/depreciation Free to share, print, make copies and changes. Get yours at www.boundless.com

50. Controlling and Reporting of Real Assets: Prope... • Wiktionary."accrue."CC BY-SA 3.0http://en.wiktionary.org/wiki/accrue • Wikibooks."Intermediate Accounting/Assets."CC BY-SA 3.0http://en.wikibooks.org/wiki/Intermediate_Accounting/Assets%23Impairment • Wikipedia."Impairment cost."CC BY-SA 3.0http://en.wikipedia.org/wiki/Impairment_cost • Wikipedia."Revaluation of fixed assets."CC BY-SA 3.0http://en.wikipedia.org/wiki/Revaluation_of_fixed_assets • Wiktionary."intangible asset."CC BY-SA 3.0http://en.wiktionary.org/wiki/intangible_asset • Boundless Learning."Boundless."CC BY-SA 3.0http://www.boundless.com//accounting/definition/cash-flows • Wiktionary."recoverability."CC BY-SA 3.0http://en.wiktionary.org/wiki/recoverability • Wikipedia."Revaluation of fixed assets."CC BY-SA 3.0http://en.wikipedia.org/wiki/Revaluation_of_fixed_assets • Wikibooks."Intermediate Accounting/Assets."CC BY-SA 3.0http://en.wikibooks.org/wiki/Intermediate_Accounting/Assets%23Impairment • Wikipedia."Intangible asset."CC BY-SA 3.0http://en.wikipedia.org/wiki/Intangible_asset • Wikipedia."Impairment cost."CC BY-SA 3.0http://en.wikipedia.org/wiki/Impairment_cost • Wiktionary."fixed asset."CC BY-SA 3.0http://en.wiktionary.org/wiki/fixed_asset • Wiktionary."net income."CC BY-SA 3.0http://en.wiktionary.org/wiki/net_income • Wikipedia."Return on assets."CC BY-SA 3.0http://en.wikipedia.org/wiki/Return_on_assets • Wikipedia."Financial ratio."CC BY-SA 3.0http://en.wikipedia.org/wiki/Financial_ratio%23Sources_of_data_for_financial_ratios • Wiktionary."intangible."CC BY-SA 3.0http://en.wiktionary.org/wiki/intangible • Wiktionary."management."CC BY-SA 3.0http://en.wiktionary.org/wiki/management • Wikipedia."Competition (economics)."CC BY-SA 3.0http://en.wikipedia.org/wiki/Competition_(economics) • Wikipedia."Competition."CC BY-SA 3.0http://en.wikipedia.org/wiki/Competition%23Economics_and_business Free to share, print, make copies and changes. Get yours at www.boundless.com