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Aug 17, 2021 · This blog provides a beginners’ guide to understanding independent asset reviews (IAR) and their role in clinical research. What is an IAR? Typically, an IAR is done to evaluate a biopharmaceutical company’s assets quickly and efficiently at each development stage.
- What Are Business Assets?
- Current vs. Noncurrent Assets
- How to List Business Assets on Balance Sheets
Tangible assets
1. Cash reserves 2. Land 3. Inventory 4. Rental facilities 5. Production equipment 6. Office furniture 7. Company-owned vehicles
Intangible assets
1. Company slogans 2. Trademarked processes or product designs 3. Customer goodwill 4. Employee expertise
Current assets
1. Cash 2. Credit with vendors 3. Debt owed by customers 4. Commercial inventory 5. Raw materials 6. Pre-paid bills
Noncurrent assets
1. Property 2. Production equipment 3. Patents 4. Brand slogans and logos 5. Inherited customer base from an acquired brand
1. Create a list of the business’ assets
1. Inventory 2. Copyright 3. Patent 4. Customer relationships 5. Accounts receivable 6. Brand 7. Domain name 8. Intellectual-property 9. Computers 10. Desks 11. Cash 12. Chairs 13. Copier 14. Telephones 15. Short-term investments 16. Manufacturing equipment 17. Three office buildings 18. Prepaid expenses 19. Transport vehicles
2. Separate them into current and noncurrent assets
1. Inventory 2. Accounts receivable 3. Cash 4. Prepaid expenses 5. Short-term investments 1. Copyright 2. Patent 3. Customer relationships 4. Brand 5. Domain name 6. Intellectual-property 7. Computers 8. Desks 9. Chairs 10. Copier 11. Telephones 12. Manufacturing equipment 13. Three office buildings 14. Transport vehicles
People also ask
What is an asset review?
What is a biopharmaceutical Asset Review (IAR)?
What is an asset in business?
What is an asset on a balance sheet?
May 20, 2023 · Key Takeaways. The strength of a company's balance sheet can be evaluated by three investment-quality measurements. The cash conversion cycle shows how efficiently a company manages its accounts...
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Oct 10, 2011 · Valuing Your Most Valuable Assets. by. Teresa Amabile and Steve Kramer. October 10, 2011. Corporate leaders often proclaim that their employees are their most valuable asset. For many people,...
Oct 24, 2023 · An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a...
Jun 27, 2023 · Strategy, Legal & Operations. A comprehensive guide to assets and asset management. Unlock the potential of assets and master the art of asset management with this comprehensive guide. Explore the definition and critical role of assets in business. Asavin Wattanajantra. June 27, 2023 12 min read Leave a comment.
4 days ago · Assets are tangible or intangible things your business owns, like furniture or patents. Here we outline the different types of assets and how to record them.
