Assets refer to tangible and intangible valuables owned by a company. Assets can be classified according to various criteria, but in accounting, they are divided into current assets and fixed assets. Liquid assets are the equivalent of fixed assets and are assets that can be converted into money within one year or assets that are owned for the purpose of resale. This includes cash, deposits, temporarily owned securities, deposits, goods, products, raw materials, stored goods, etc. Current assets are divided into 'quick assets', which can be converted into cash very quickly, and 'inventory assets', which can be converted into cash only after going through a complex manufacturing or sales process. Fixed assets are various assets acquired for use in business activities over a relatively long period of time without the purpose of sale or disposal. Generally, it refers to assets that a company can own and use for a long period of time (more than one year). Depending on the type, it is classified into tangible fixed assets, intangible fixed assets, investment assets, and deferred assets.
