which type of asset has a non-physical form
Intangible assets
title: Financial asset text: Financial asset A financial asset is a non-physical asset whose value is derived from a contractual claim, such as bank deposits, bonds, and stocks. Financial assets are usually more liquid than other tangible assets, such as commodities or real estate, and may be traded on financial markets. According to the International Financial Reporting Standards (IFRS), a financial asset can be: Under IFRS, financial assets are classified into four broad categories which determine the way in which they are measured and reported: For financial assets to be measured at fair value through profit or loss "by designation", designation is only possible title: Financial asset text: was initially recognized at as well. However, there are no further restrictions or requirements. Financial asset A financial asset is a non-physical asset whose value is derived from a contractual claim, such as bank deposits, bonds, and stocks. Financial assets are usually more liquid than other tangible assets, such as commodities or real estate, and may be traded on financial markets. According to the International Financial Reporting Standards (IFRS), a financial asset can be: Under IFRS, financial assets are classified into four broad categories which determine the way in which they are measured and reported: For financial assets to be title: Current asset text: Current asset In accounting, a current asset is any asset which can reasonably be expected to be sold, consumed, or exhausted through the normal operations of a business within the current fiscal year or operating cycle (whichever period is longer). Typical current assets include cash, cash equivalents, short-term investments (marketable securities), accounts receivable, stock inventory, supplies, and the portion of prepaid liabilities, sometimes referred to as prepaid expenses, which will be paid within a year.In simple words Assets which are held for a short period are known as current assets. Such assets are expected to be realised in cash or title: Asset poverty text: worth, net worth minus home equity, and liquid assets. Net worth consists of all the aspects mentioned above. Net worth minus home equity is the same except it does not include home ownership in asset calculations. Liquid assets are resources that are readily available such as cash, checking and savings accounts, stocks, and other sources of savings. There are two types of assets: tangible and intangible. Tangible assets most closely resemble liquid assets in that they include stocks, bonds, property, natural resources, and hard assets not in the form of real estate. Intangible assets are simply the access to credit, title: Capital asset text: Capital asset A capital asset is defined to include property of any kind held by an assessee, whether connected with their business or profession or not connected with their business or profession. It includes all kinds of property, movable or immovable, tangible or intangible, fixed or circulating. Thus, land and building, plant and machinery, motorcar, furniture, jewellery, route permits, goodwill, tenancy rights, patents, trademarks, shares, debentures, securities, units, mutual funds, zero-coupon bonds etc. are capital assets. A well-known financial accounting textbook advises that the term be avoided except in tax accounting because it is used in so many different senses,