make a list of all the assetsthings like a cell phonetextbook they're looking around the classroommaybe a carbeauty or youthhigh school diplomathings of valueanything that a company owns or controlscreated from a past transactiongives us a future economic benefitstuff you owncell phones textbooks carscompany is listing its assetshard to put a number on itCPA designationreliably measuredcashaccounts receivableinventoryproperty plant and equipmentinvestmentssomething of value that a company can own or controlvalue can be reasonably reliably measured