Difference between revisions of "Shift in assets"
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Revision as of 04:50, 20 December 2018
Shift in assets is a shift that occurs when the composition of the assets has changed but the total of the assets remains the same.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Shift in assets. A shift that occurs when the composition of the assets has changed but the total of the assets remains the same.
Related concepts
Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
