The assets of an European company are usually divided into two major categories: |
fixed assets and
The fixed assets category includes intangible assets, tangible assets, and financial assets.
The current assets category includes stocks, debtors, investments, and cash at bank and in hand.
In the United States, the assets of a company are usually divided into five categories:
property, plant, and equipment;
intangible assets, and
These categories are listed on the balance sheet in decreasing order of their presumed liquidity.