Primary navigation:

QFINANCE Quick Links
QFINANCE Topics
QFINANCE Reference
Add the QFINANCE search widget to your website

Home > QFINANCE Dictionary > Definition of fictitious assets

Definition of

fictitious assets

Accounting

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

fictitious assets - Related Articles
  • Creative Accounting: Auditors’ Roles in the Detection of Financial Fraud

    Best Practice

    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

  • The Cost of Reputation: The Impact of Events on a Company’s Financial Performance

    Best Practice

    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

  • Carrying Out Due Diligence on Private Equity Funds

    Best Practice

    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

More

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.

Back to top