Fixed Assets & Plant Assets | Cost Determination | Long Term assets | CPA Exam FAR ch 8 p1

In this video, I discuss fixed assets. Fixed assets are long-term assets that a company has purchased and is using for the production of its goods and services. Fixed assets are noncurrent assets, meaning the assets have a useful life of more than one year. Fixed assets include property, plant, and equipment (PP&E) and are recorded on the balance sheet.
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[@TheDudeAmazing]

The audio is only coming out of the left side. Please fix this. It’s been going on for awhile now.

[@rakhinenwe]

Thank you for explaining. Very helpful

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