Fixed Assets

Accounting Dictionary

Fixed Assets

A fixed asset is a tangible asset that will last more than a year. Also called long term assets, these assets are depreciated over time.

Fixed assets are usually listed under plant, property and equipment. They include assets such as cars, trucks, equipment, computers, furniture, machinery and buildings.

Sign Up to Learn More!

Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!