For the past 52 years, Harold Averkamp (CPA, MBA) has worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com. Learn More About Harold...
Furniture, fixtures, and equipment (FF&E) are items that are not permanently affixed to a building and are consequently easily removable from their respective locations. For accounting purposes, each FF&E item has a different useful life, according to IRS guidelines. Companies account for wear and ...
Furniture, Fixtures, and Equipment (FF&E) is a term used in accounting and business property purchasing to describe the movable property that a business uses in its operations such as office furniture, business equipment, and non-permanent fixtures.
and fixtures, and other tangible long-lived resources that are not held for sale but are used in the operations of a business. The less formal name for these assets is fixed assets, which see. Acquisition of assets A merger or consolidation in which an acquirer purchases the selling firm's...