5 ms·
Because according to American accounting standards workers are an expense and not an asset.
by sunstone 8y ago
Because according to American accounting standards workers are an expense and not an asset.
- hirundo 8y agodefinition of asset: 1. A useful or valuable quality, person, or thing; an advantage or resource: proved herself an asset to the company. 2. A valuable item that is owned. The accounting term is closer to the second definition. I assume that you don't think a company should consider a worker to be "a valuable item that is owned."
- adiusmus 8y agoGiven how I’ve been treated by various corporations, I’d say that plenty of companies consider workers as “a valuable item that is owned”. I had a clause in one contract they tried to insert that stated I was not allowed to work in any company that was a client of theirs or start a business of my own that might compete against them. My lawyer laughed out loud at that clause.