Financial Tunes

What asset classes have historically done well in recesions? I can't think of anything better than cash. But, maybe there are some long term holds (companies, industries, businesses, etc)that run opposite to most asset classes during recesions; it could be any asset class. Thanks liorio, i was trying to seperate the ideas of falling dollar, and think more about historical patterns with recesions. All your ideas sound familiar. Later I will combine this train of thought with falling dollar scenarios. Their conflicting in some ways (inflation/deflation).

What is the definition of current asset of a company? How current asset is calculated? How current asset is helpful in determining the financial health of a company/individual. Is fixed asset, current asset.

When determining whether to record an asset as a fixed asset, what two criteria must be met? A) Must be long lived and must use the asset in a productive manner. B) Must be long lived and must be a tangible asset. C) Must be a tangible asset and must be an investment. D) Must be an investment and must be long lived.

Can Asset Acceptance LLC resubmit a debt to the credit agencies after statute of limitations? Asset Acceptance is holding two small utility debts of mine. The statute of limitations has run out but they resubmitted the debt to the credit agencies as if they are new. Can they continue to resubmit a debt after the statute of limitations has run out? How do I fix this?

What is the best way to start your own personal asset management company? I am considering starting an "asset management company", most likely under a LLC status. But I want it to be my own assets. I would like to purchase (for rent) small homes, condos and/or townhouses and then eventually diversify the portfolio to mutual funds, stocks, bonds, franchises, etc. Adding my own money and any profits from the rentals. Is it a good idea to put it under an LLC? Would this even be considered an asset management company? An advice or tips is appreciated.

Where can I get Asset based financing to purchase commercial property? Looking to get an apartment building but I don't have the money, credit or documentation, therefore I need something secured such as a asset based. I live in nyc and the property is there as well. No upfront fees. i can't afford any fees that the property can't cover.

What types of items are considered an asset when applying for disability? I need to apply for disability due to a mental disorder. I am making payments on a car which I owe more than it's worth, and I have a couple of laptops. Other than that I have nothing of value besides cheap furniture, and clothes. What is considered an asset when applying for disability? What do I need to claim or let them know about? Should I transfer the car into a different person's name so I don't lose it? Any help would be much appreciated. Thank you.

What are the differences between taking an asset led or market led approach to marketing? Also can you give me a few examples of firms who take a asset led approach and some who take a market-led approach?

How will u allocate money among different asset class to achieve a diversified portfolio.? You have $100 million to invest in a diversified portfolio. How can you can allocate this amount of money among the different asset class so as to achieve a diversified portfolio. Can u pls provide the sources to ur answer too? Preferably with diagrams too. Thanks a lot.

What is the reason you want to be asset maintenance engineer? If i'm in interview for oil and gas company, and the interviewer ask me the reason i want to be asset maintenance engineer, what is the best answer i should say?

What is the best way to determine fair market value of an asset? The asset is not actively traded; therefore, there is no real "market" for the asset; however, for purposes of "gifting" a fair market value must be assigned - what is the best way to determine the value?

How do you credit the asset account without incurring a credit to the R&M in the P&L as the parts are used? Spare parts are an assets in the balance sheet, but what if the parts were paid by a different division and the original entry is a debit to the spare parts inventory and a credit to the intercompany? (New parts, no depreciation) How do you credit the asset account without incurring a credit to the R&M in the P&L as the parts are installed? The problem is that it's not a sale, it's a transfer. Division A has assumed responsibility for the liability of the asset/inventory and transferring it without that liability

How is Multiple Asset class investing a benefit for investors? What would you use as the different asset classes? Would you invest internationally?

Asset Transfer question. How do you transfer an asset like a house to avoid probate? Are there any particular rules of thumb in tranferring ownership of an asset like a house to a beneficiary prior to your death so you can avoid taxes and probate? What can and can't you do? Tks. So if you just transfer the house over using a lawyer, is this realistic? Does there have to be a sale done? If so, is fair market price required? If not, what about gift taxes? Lots of questions...appreciate your help.

How is a static software product classified as a business asset? Company owns & markets an old software product. Was the first of its kind, fully home grown, no long term future. But will still sell decently for probably 3-5 years. Proprietary nature precludes re engineering, so is architecturally static. No true R&D possible, though can be improved in marginal ways, which clients like. So, exactly how would this product be classified as a business asset, from the perspective of management/accounting?

What easy and free Asset Manager software is available? I'm looking for a asset management solution for our school network. Our main concerns are keeping track of PCs and what sofware/hardware is installed. It would be great if these came in the same app, but price is a concern, since we are a school and free would be the best option. I'm familiar with Spiceworks, which looks ok, but I want to consider alternatives. But if people know of similar apps and can mention their pros and cons it would be a huge help.

What to do with asset allocation now that the market is going to drop even lower? I have an asset allocation fund that keeps dropping with the stock markets' ups and downs. With the automotive bailout turned down today, investors say that the market is going to get "alot worse". I don't want my fund to lose anymore $, so what is the best option at this point? (no spam, please)

What is the US tax implication of "gifting" an asset to my minor child and revoking gift in the same year? I have an asset (stock) that I don't want to liquidate and I need to be able to legally say that I don't personally own it on a particular day. But, I don't want to use a solution that requires tax fees. I also want this to be a legal transaction where I "gift" the asset and then revoke the gift. And, if you are concerned about ethics, the asset is for the benefit of the minor child.

What are the three qualitative and one quantitative indicators of an asset class? I mean what are the 4 characteristics that characterize an asset class? For example why are bonds, stocks, TIPS, commodities, FX, real estate considered a separate asset class? I don't want the differences between these specific asset classes. Just the theoretical bedrock of this definition.

What is asset based lending and factoring? I’m unable to qualify for a bank loan for my small business. I’ve heard of asset based lending and factoring, but am not sure how it would work for me and how I go about finding someone who does this and help me make sure that asset based lending is the right thing to do. My banker didn’t know who to recommend me to.

What can a lawyer discover when they do an asset check? Suppose someone wants to sue me for personal injury. If they want a lawyer to take the case on a contingency(?) basis then the lawyer runs an asset check on me, right? Will he or she be able to find out about assets such as cash, stocks, IRA? Or is that information private?

How do I book a leased capital asset when acquiring a new company? What will be depreciation period and basis of asset, how will I record the lease obligation? 100% acquisition, purchase method of accouting. FASB regs seem unclear and I want to see if anyone else comes up with my answer. Thanks! Didn't specify: Capital lease because of the bargain purchase option and there will be no modifications to the contract. [FIN21]

I need a blue print for developing asset management policy for a large real estate and construction company ? I have been searching the web but all I get is professional companies selling their soft wares and beating their own drums . I need to introduce asset management culture through a defined policy in the company I serve , which sites would be helpful in this matter . Please help , I have to give a presentation on this subject in next 15 days ?

What is the best way to use GPS asset tracking ? Hi ! I just bought my brand new car and I consider set the GPS tracking for my new "babe" So guys, I just wanna some information about the GPS tracking system that could protect my asset from burglar. The type, price, and the best GPS that ok for car. Thank's

How does asset impairment affect the three financial statements (BS, IS, CF)? - Assume the book value of the asset was 100 before impairement - Please do not ignore taxes. Assume 40% tax rate. Thanks in advance for your help.

How do I know if I need to report my car as a business asset sale on my taxes? We used this car partly for business and partly for personal use. We sold it in 2009 and my Tax Cutt is saying I need to report it as a sale of business asset. I am so confused! We bought the car. My husband works in sales, so he used it partly for business and partly for personal use. We sold it this year. We usually deduct mileage on the car, and in our tax program when we checked the box indicating we sold it, it told us to report it as a business asset sale. I am so confused. Is this something we should do?

What are the US GAAP rules for depreciation of a fixed asset that has an extended period of non-use? Chiefly, I'd like to know what happens when you bring the asset (in this case a building) back into service. How do you calculate the new asset base?

What are the best websites for info on forming a corporation and asset protection? I live in CA and will be investing in Real Estate starting with Tax Liens. I need info on necessary forms, documents, etc. to form my own corporation, how and where to file, how to protect my assets and save on taxes. I have read about LLC and Family Limited Partnership for asset protection, but was hoping to do most of the work myself and hire a lawyer only when necessary. Nothing against lawyers, but like to do what I can myself before bringing in a pro! Thanks for any help or advise someone can give me.

How can Pakistan remain an ally in the war on terrorism when it considers Taliban a strategic asset? US intercepted Pakistan Army General Kayani referring to the Taliban as a strategic asset for Pakistan! Shouldn't Pakistan now be declared a terrorist state? Will US continue to give aid to such a nation?

How a personal point of view can be an asset in the pursuit of knowledge? How a personal point of view can be an asset in the pursuit of knowledge? Can you give me examples please?

Where can I find information on how and why people use offshore accounts for asset protection? I hear lawyers advertizing on the radio that they can help you with “asset protection and offshore accounts”. How and why do people use offshore accounts for asset protection?

why would choosing a shorter asset life cause a greater deduction on your tax return? I work in the tax department but I have a background in accounting and i"m wondering why from a tax standpoint lowering the asset life would be beneficial. I know that this would cause a greater deduction but how exactly does this decrease taxable income.

What are the three primary factors which affect the value of an asset to an organization? What are the three primary factors which affect the value of an asset to an organization?

How does the stock market impact asset prices? Particularly the impact of a DECLINE in the stock market on asset prices. 10 POINTS to most helpful/detailed answer! ^-^ NOTE: Bonus if you can answer how stock market impacts on debt?

Is my purchased foreclosure a taxable asset? I've purchased a foreclosed property. No liens or back taxes. I own the deed free and clear. This property is in a 'condemned notice' status by the township, but i am resurrecting it as a primary residence. My question is, do i have to claim this structure as a taxable asset since it is condemned. I can understand the land being considered an asset, but until i have a CO for the property, is it an asset ? Thanks. Any other advice on this topic is thoroughly appreciated.

Is inventory a current or long term asset? I just have to analyze a balance sheet for accounting. Would inventory be considered a current or long term asset?

Is it true that financially speaking, banks like to remove their mortgage asset from their balance sheet? I read some articles recently say that banks are willing to remove their mortgage related asset from their balance sheet, and sell these assets to SPV. Isn't the banks' interest to hold more assets? Why do they do that if I read right? Is there any regulation causing banks to do so?

How do we record Water Heater as an asset? We purchased a Water heater for our new building. Is this a fixed asset? If so, what do I record it under?

Where can i find information on how many Asset management Companies are there in the philippines? could anyone help me find information on how many asset management companies are there in the Philippines?

Which of the following combinations of asset structures and financing patterns is likely to create the most vo? Which of the following combinations of asset structures and financing patterns is likely to create the most volatile earnings? A. Illiquid assets and heavy short-term borrowing B. Illiquid assets and heavy long-term borrowing C. Liquid assets and heavy short-term borrowing D. Liquid assets and heavy long-term borrowing

Is A prepaid funeral plan and plot considered an asset to the SSA? I feel that it's essential to pay for final costs so my family left behind is not burdened with these expenses. I need to know if I have to report this as an asset to the SSA?

Why does the Federal Reserve require commercial banks to have reserves? Explain why reserves are an asset to? Why does the Federal Reserve require commercial banks to have reserves? Explain why reserves are an asset to commercial banks but a liability to the Federal Reserve Banks. What are excess reserves? How do you calculate the amount of excess reserves held by a bank? What is the significance of excess reserves?

What asset classes increase in value with rising interest rates? Are there any asset classes that increase in value with an increase in interest rates? I am not looking for asset classes that are simply a hedge to inflation.

I have a small Q.What is the difference between Asset Mangement and Facilities Management? As the titile said,I want to know more about the facilities management and asset management.And what are management system of them? Thanks!

In the business world, what do the terms derivative and asset mean? I've been reading lots of business articles in editorials and magazines lately but have no clue what a derivative or an asset is. If so, could you define and explain those two words as if you're talking to a 10-year old? *A side question: so what is Obama planning to do with derivatives? Is he now going to limit the exchange of derivatives from those big companies like AIG? Thanks

What exactly is global asset management? Can somebody please give me a clear and concise definition about global asset management and similarly if anybody knows any interesting facts about Legg Mason LLC, it will be appreciated.

How do i get asset acceptance llc. off my back when the debt they are trying to collect never existed? They are trying to collect $1700 from me for alltell phone company. I contacted their cooperate office and they say i do not nor have i ever owed them any money!! Alltell sent me a letter to this effect and I forwarded it to asset acceptance but they keep harrassing me anyways...

Tax advantages on deferring the sale of my appreciated capital asset after being held for 11 months? I have held an appreciated capital asset for 11 months and I want to delay the sale of it. Do I gain a tax advantage in doing this? Or do I gain a tax advantage if I do not delay the sale? Thanks! thanks for the response, so selling it a day over one year provides a tax advantage while selling it under a year wouldn't? i'm sorry, I am new to this and am not very familiar with it

Effect on normal balance when an asset is credited? What happens when an asset is credited. Say for instance a company buys a car for $4000 cash. The equipment (car) is debited and the cash is credited. What is the normal balance of the account? Would I just say that the assets (car) has a debit balance since the car is an asset and it was debited, and the assets (cash) have a credit balance? Any help would be appreciated!

What is the difference btw asset and capital? Could someone explain me what is the difference btw asset and capital?

Is life insurance considered an asset or a liability? Is Life Insurance considered an asset or liability? It would be my own policy under my name and I pay the premium every month. Please explain why. It is whole life insurance, not term.

What are the principles , methods , basics of asset management concerning construction industry ? I serve a large town developing and construction company holding huge earth moving and construction machinery which currently remains without any defined asset management policy . I have been assigned the task to formulate this policy , where can I get some help in this regard

When looking for a job what does an asset particularly mean? For example, bilingualism is an asset? I myself do not speak well enough french.

who can i contact about not being able to asset my mail .when i hit mail a blank screen comes up? Who do I contact about not being able to asset my mail.The site comes up but the screen is blank? Thanks.

In reference to a Federal Tax Lien, is my business considered an asset? I have just started my own business and have received notification that I have a Federal Tax Lien filed against me for my person taxes. Is my business considered property or an asset that the IRS can attach to satisfy the lien? My business is an LLC.

How do you record a Fixed Asset disposal in Excel? I have a Fixed Asset schedule with Depreciation on it, but I need to record the disposals also. Should I do this on the same line? What if it hasn't been fully depreciated yet? I'm trying to make a clean database with all the info on one worksheet. Any help appreciated.

What does it mean to expense or capitalize an asset? What is the difference between expensing a cost or asset and capitalizing a cost or asset?

Why do you think some companies expense asset expenditures that are less than an established monetary amount? Why do you think that some companies expense asset expenditures that are less than an established monetary amount? Is it acceptable practice?

If deferred tax liabilty was wrongly recorded as asset in the earlie year how to correct the same in cur year? In the earlier year there was a deferred tax liabilty but a wrong entry was made .i.e instead of crediting deferred tax liabilty P&l was wrongly credited and deferred tax asset was given a debit. now in the current year again there is a DTL . so should an error made by debiting DTA correct in the current year.

Is an unpaid home an asset or liability? I bought a home a few years ago and due to the way loans work, have only paid a small amount of the principle. Now I'm trying to fill out a "Net Worth" spreadsheet. Does a home go on the asset list or the liability list? Or do I put equity as the asset and the remaining balance as the liability? Thanks!

Under a 3 year rent contract can the next 12 months' rent be treated as a current asset by the property owner? Company A has rented a power plant to company B, which is a utility, for a period of 3 years. Company A has borrowed to finance the power plant and classifies the loan installments due during the next 12 months as current liabilities. Can it classify the next 12 months' rental income as a current asset? Rents are invoiced monthly.

How can i be an asset to my college essay? Hi everyone, i am trying to win a scholarship but i have to do an essay on how i would become an asset to my college. Could you guys help me make a good 3 reason thesis ?

How to be an asset to my college? Hi everyone, i am trying to win a scholarship but i have to do an essay on how i would become an asset to my college. Could you guys help me make a good 3 reason thesis ?

If I purchase a new laptop every year to replace the old one,wouldn't this be an expense rather than an asset? Since I replace much of my computer equipment often (usually yearly) in my business wouldnt this be considered more of an expense verses an asset for write of on section 179 deduction?Usually the stuff that I retire in the following year ends up going to charity- What really defines a buisiness expense and an asset?

Im 17 trying to invest money in a good asset? I have about 3-4 thousand dollars. im looking for experienced investors to help me find a good asset to invest in. I am not scared of losing money even all of it. Im not looking for quick cash I can wait many years.

What are the correct journal entries for the sale of an asset on a contract? The asset is sold for a greater amount than book value. It is sold on contract with annual payments over a three year period.

Can an individual purchase an asset for a corporation before it is formed and be reimbursed afterwards? I'm about to form an LLC with a partner and need to buy a computer before the formation is complete. Can I buy the computer out of my own funds, form the corporation, gift the asset to the corporation and have the LLC reimburse me after the fact? This will all be taking place in Georgia. Thanks!

What are the popular systems in Asset management and Facilities management ? As the title mentioned,I want to know more about Asset management and Facilities management. I am looking for more detail about these two area. Please list 5 or more popular systems in these two management area each.... Thanks Please tell me 5 or more software name... thanks

Is the purchase of a license considered an intangible asset? Is the purchase of a license to use someones asset considered an intangible asset for tax purposes? If so, how many years is it amortized?

How does depreciation create deferred tax asset? I thought depreciation only creates deferred tax liability but want to know how it creates deferred tax asset? One Explain would be great? Thank You Also how does sale of an asset create deferred tax asset? Please explain in very terms? My accounting is not very strong Thank You

who is the biggest insurance company in the world in terms of asset? who is the biggest insurance company in the world in terms of asset?

When would stock not be a capital asset? In my text, regarding tax consequences of a corporate liquidation, it says "the gain or loss is capital if the stock investment is a capital asset." Aren't stocks always capital assets? This is NOT talking about inventory. This is talking about equity only.

Are asset management firms good places to work for accountants? I've been working in the entertainment industry as an accountant and am debating if I should transition to work in the asset management firms. I've heard really good reviews from my friends who work in asset management. However they work in the IT and portfolio control departments which makes it difficult for me to determine if the accounting department in asset management firms are a good place for accountants (work environment, managment, potiental for growth)? Thanks in advance

How can we transform the huge population of India into an asset? India has a huge skilled and unskilled manpower which is not treated as a part of natural resource. As a result our assets are under valued, about 45% of the population comprising women are involved in productive work at "homes" but their work remains to be valued interms of GDP contribution. For any woe or problems of inefficiency, the population is blamed. It is high time this population is considered an asset and out flowsheets are modified accordingly. How do we do it?

Does anyone know of an online tool that can calculate asset allocation with mutual funds? I know of tools that calculate asset allocations based on individual stocks and mutual fund types, but don't know of anything that calculates allocation if you have a 2045 mutual fund or asset mix fund.

How is Hindu succession act so selfishly geared towards distribution of wealth and asset to the kith and kin? How is Hindu succession act so selfishly geared towards distribution of wealth and asset to the kith and kin?

inheritance tax on transfer of real easte & monetary asset to non US citizen? 1.My ant is korean american. 2.to explain her status precisely, She is a green card holder but not cherished with voting rights. 3.She designated me(Konrean National) as inheritor after Her daughter(a american citizen) died in 2003. Question: I am wondering about inheritance tax on transfer of real easte & monetary asset to non US citizen. Thank in advance.

Where can I find all of the asset classes in the income tax act for the purpose of CCA? In my ITA (2008 edition), Part XI (REG 1100), which discusses CCA, skips the description of some asset classes. For example, at the start of Division I under this part, the first class description I have is for Class 13 (Leasehold interest). Where is class 1 to 12?

According to the current tax laws the initial depreciation value of the asset is? A firm purchased an asset with a 5-year life for $80,000, and it cost $5,000 for shipping and $10,000 for installation. a) $95,000 b) $90,000 c) $85,000 d) $80,000 Explain your answer

What happens to your balance sheet and P and L account when you sell an asset? Just slightly confused as to what happens in these accounts when you sell an asset that is: a) Net Book Value is same as the Market Value b) Net Book Value is greater then market value c) Net Book Value is less then market value Many Thanks

Treatment of disposition of asset held for less than one year? I have a small business--partnership. I bought a truck for 1k in March. I sold the truck for a gain. How should I treat this gain in the tax books and in the financial statements? Of course I was going to take a Sec 179 deduction but I sold the asset and not sure how to handle the small amount of gain. Thanks for any help. It was bought by the partnership (2 members).

Why would term insurance that is paid upon death be considered an asset? I have noticed people applying for certain programs either from state or federal government are ask about the assets. How can term insurance that the person won't benefit from be considered an asset? The beneficiary will benefit from it but not person as it is paid upon their death and they are dead. Programs are asking about the face value of the insurance. They have just term no cash value or anything else.

what do you do when an asset is completely out of the assets register? after depreciation, the item has no value, sometime the asset can still work. how do u treat that in the accounts? from re-introduction to maintenance to when the asset has no value. what do your do with it in the accounting system?

Is the JP Morgan Buyout of Bear Stearns an asset sale or a statutory merger? To me it appears that it is more in line with an asset sale rather than a statutory merger due to the fact that Bear Stearns will still seemingly exist at the end of the transaction, though be controlled by JP Morgan. Well, that being said it definitely IS an asset sale. It is simply resulting in a de facto merger of sorts since Bear will eventually dissolve. However, because of the principles of independent statutory significance, this type of deal screams asset sale to me. Basically, by making it an asset sale rather than a straight merger, JPMorgan prevents their shareholders from getting a vote on the deal.

What exactly, in easy words, does the duration of an asset mean? I'm a first year Actuarial Science student as the University of Cape Town. I cannot grasph the meaning and application and reason of the discounted mean term or also know as the duration of an asset? I know it is the weighted average of the terms to each payment, weighted by the present value of the payment... but it still doesn't mean anything to me. What does "weighted by" means? Thank you very much... english is not my home language so understanding certain terms together, at this stage, is difficult.

Could someone explain asset mothballing in terms of depreciation? I am trying to figure out how mothballing affects the depreciation of a fixed asset. For example, if a company mothballs a particular asset (e.g. a building), does that temporarily halt all depreciation expenses associated with it? I am trying to find the answer in regards to US GAAP, but any advice would be appreciated. Thanks

What is the relationship between pond turtles and fish/frogs etc in a pond eco relationship. Are they an asset Are pond turtles a general asset or liability in a fish/duck pond eco-system?

how to aprroach the bad asset ,can you give me some comments about the current approaches ? how to aprroach the bad asset ?can you give me some comments about the current approaches ?And can you tell me the most efficient way to solve the problem especially in China?Thanks!