Organizational Asset

An Organizational Asset is an asset (with measurable future value) that is owned by an organization.

• Context:
  • It can be a Deferred Cost that will become an Organizational Expenditure (as the costs are used up over time).
• Example(s):
  • …
• Counter-Example(s):
  • Organizational Liability.
  • Organizational Revenue.
  • Organizational Expenditure.
• See: Assets Account.

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References

2014

• http://www.accountingcoach.com/bookkeeping/explanation/6
  • … Assets include the things or resources that a company owns, that were acquired in a transaction, and have a future value that can be measured. Assets also include some costs that are prepaid or deferred and will become expenses as the costs are used up over time.

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