book assets with no resale value assets such as pre-payments that do not have a resale value but are entered as assets on a company's balance sheet
Creative accounting practices cover a wide range of areas, especially premature recognition of and over- or underestimation of revenue, aggressive capitalization and extended amortization policies, misreporting of assets and liabilities, and getting creative with the income statement and cash flow reporting
By Zuraidah Mohd-Sanusi, Yusarina Mat-Isa
CEOs and board members routinely list reputation as one the company’s most valuable assets. Yet every month a new reputational disaster makes the headlines, destroying shareholder value and trust with customers and other stakeholders. During the last year, leading companies such as Toyota, Goldman
By Daniel Diermeier
purchase of specific assets. Therefore, common evaluation techniques used to assess public equity investments are not appropriate within the private equity asset class.
By Rainer Ender
Definitions of ’fictitious assets’ and meaning of ’fictitious assets’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’fictitious assets’ and other financial terms with our online QFINANCE Financial Dictionary.