Capital assets play a crucial role in the financial management of organizations by contributing to long-term value creation and supporting operational activities. This abstract explores the concept of capital assets, their significance, and their management. It discusses the characteristics of capital assets, the different types of capital assets, and the strategies for effectively managing them. Additionally, it highlights the importance of capital asset planning, acquisition, maintenance, and disposal in maximizing their value and optimizing organizational performance. Capital assets are long-term assets with an expected useful life beyond one accounting period. They are typically used to generate income, enhance productivity, or support core operations. Capital assets can include physical assets such as buildings, machinery, and vehicles, as well as intangible assets such as patents, trademarks, and software. They are characterized by their significant cost, durability, and contribution to future benefits.
Acquisition Cost, Capital Expenditures, Capitalization, Depreciation, Fixed Assets, Intangible Assets.
[Mr. Ashok Bhat (2022) A Role of Capital Assets in Financial Management] (ISSN 2347 - 5552). www.ijircst.org
Mr. Ashok Bhat
Assistant Professor, Masters In Business Administration, Presidency University, Bangalore, India,
Email Id:- ashokbhat@presidencyuniversity.in
