Assets are those tangible and intangible resources owned by a business, such as buildings, land, machines, intellectual property, and cash. An asset list is a comprehensive catalog of all the assets a company owns, along with their associated values and other information such as dates of purchase or useful life. This document provides an overall view of a business’s financial position and helps to inform decisions on acquisitions, investments, and sales. In addition, it allows businesses to manage and control their assets effectively to ensure they’re not overspending or making ill-advised investments. Asset lists offer valuable insights into a company’s current state and future prospects.