Other assets
Other assets refer to assets that a company owns, excluding current assets and non-current assets. This category includes less common assets such as long-term equity investments, long-term receivables, other long-term investments, and other receivables.
Other Assets
Definition
Other assets are assets that a company holds which do not fall under current assets or non-current assets. These include less common assets such as long-term equity investments, long-term receivables, other long-term investments, and other receivables.
Origin
The concept of other assets became clearer with the development of corporate accounting standards. Early accounting standards mainly focused on current and non-current assets, but as business operations became more complex, many assets that did not fit neatly into these categories emerged, leading to the classification of
