An asset that is not physical in nature. Corporate intellectual property (items such as patents, trademarks, copyrights, business methodologies), goodwill and brand recognition are all

A financial statement that measures a company’s financial performance over a specific accounting period. Financial performance is assessed by giving a summary of how the

Money that a company spends on organizing and controlling its activities generally rather than on a particular product or service that it produces. (source: http://dictionary.cambridge.org/dictionary/business-english/general-expense)

Assets of durable nature for repeated use over a long period. (source: http://www.businessdictionary.com/definition/fixed-capital.html#ixzz25UthzZ61)

In economics, are business expenses that are not dependent on the level of goods or services produced by the business. (source: http://en.wikipedia.org/wiki/Fixed_cost)

Financial expense includes:interest and related charges; foreign exchange losses on debt; net expense on the disposal of marketable securities; amortisation of bond redemption premiums; additions

Periodic or specific purpose audit conducted by independent and qualified accountants. (read more: http://www.businessdictionary.com/definition/external-audit.html)