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This article is about the business definition. For the definition as used by intelligence agencies, see Asset (Intelligence). For the Egyptian software company, see ASSET Technology Group
In business and accounting an asset is anything owned which can produce future economic benefit, whether in possession or by right to take possession, by a person or a group acting together, e.g. a company, the measurement of which can be expressed in monetary terms. Asset is listed on the balance sheet. It has a normal balance of debit.

Similarly, in economics an asset is any form in which wealth can be held.

Probably the most accepted accounting definition of asset is the one used by the International Accounting Standards Board (IASB). The following is a quotation from IFRS Framework:

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Learn to keep information about your personal and business assets secure www.myassetsonline.com
SunilKJha (Sunil Jha) Fri, 06 Nov 2009 05:34:05 -0000
Learn to keep information about your personal and business assets secure www.myassetsonline.com
lasu: Our role as information professionals is to ensure com- www.universalmccann.com/ Assets/wave_3_20080403093750.pdf par soc.media.
ViestursKancs (Viesturs Kančs) Thu, 05 Nov 2009 21:42:43 -0000
lasu: Our role as information professionals is to ensure com- www.universalmccann.com/ Assets/wave_3_20080403093750.pdf par soc.media.
In an information economy, the most valuable company assets drive themselves home every night – Peter Chang
CompugenInc (Compugen Team) Thu, 05 Nov 2009 20:10:03 -0000
In an information economy, the most valuable company assets drive themselves home every night – Peter Chang
Who/how collects allergy information? http://ff.im/-b0tuo via @omowizard
rvaughnmd (Richard Vaughn MD) Thu, 05 Nov 2009 10:05:28 -0000
Who/how collects allergy information? http://ff.im/-b0tuo <in post CPOE world reallocation of pharmacy assets improves care> via @omowizard
RT @nidhi_sethi: ahem "Business analytics can transform your information assets into true competitive advantage"..well alright im back!
pureshare (PureShare) Wed, 04 Nov 2009 15:25:12 -0000
RT @nidhi_sethi: ahem "Business analytics can transform your information assets into true competitive advantage"..well alright im back!
Tetu: Enterprises need to leverage their knowledge assets to unlock value of information by using "information access" #wikibon #coveo
GaryatWikibon (Gary G MacFadden) Wed, 04 Nov 2009 14:23:32 -0000
Tetu: Enterprises need to leverage their knowledge assets to unlock value of information by using "information access" #wikibon #coveo

 
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Harvesting Knowledge from the Organization's Information Assets - Presents different methods that can be employed to harvest the knowledge below the document level. By Eric Freese. [PDF]

Knowledge Acquisition and Modeling for Corporate Memory - Examines the steps of the knowledge capitalization process in a metallurgical domain, focusing on general characteristics which seem to be reusable for other knowledge capitalization systems. By Gaële Simon.

Management Responsibility in Protecting Information Assets: An Australian Perspective - Discusses the role and responsibility of management in acting in the best interest of the company in the information age. By Adrian McCullagh.
Meta Description: [ The Australian Federal Government has recently started enforcing legislation to deter hackers who unlawfully try to gain access to a computers located in Australia. In addition, computer security has become an issue for a company's board and not just an IT. ]

Measuring Intellectual Assets - Twelve techniques used to value intangible assets. By Jean Graef.
Meta Description: [ 12 techniques for assigning a value to intellectual assets, condensed from CFO's Guide to Intellectual Capital ]

Securing Your Organization's Information Assets - Examines the tools and techniques that help organizations gain and maintain control of the problem of effectively securing their information assets. By Bill Brykczynski and Bob Small in Crosstalk.
Meta Description: [ All employees, whether in the public or private sector, are inextricably dependent on information in the workplace. Therefore, an organization's information assets, whether tangible or intangible, are essential. They are necessary for day-to-day productivity and for the ongoing viability o... ]

Social Capital - An introduction for a doctoral seminar about Systems and Social Capital. By Michael B. Spring.

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