What are Assets?
“Assets are sometimes defined as resources or things of value that are owned by a company.”
• (1) Audio
Audio is sound that is within the acoustic range which is available to humans. An Audio Frequency (AF) is an electrical alternating current within the 20 to 20,000 hertz (cycles per second) range which can be used to produce acoustic sound. In computers, audio is the sound system that comes with or can be added to a computer. An audio card contains a special built-in processor and memory for processing audio files and sending them to speakers in the computer. Audio files are records of sound that has been captured and can be played back. Sound is a succession of naturally analog signals which are converted to digital
…show more content…
There is also no compression involved. The digital recording is a close-to-exact representation of the analog sound. PCM is most commonly used in CD’s and DVD’s. It has a subtype called Linear Pulse-Code Modulation, where samples are taken at linear intervals. LCPM is the most common form of PCM, which is why the two terms are almost interchangeable.
• WAV
WAV is also known as Waveform Audio File Format. It was developed by Microsoft and IBM back in 1991. Lots of people seem to assume that WAV files are uncompressed audio files, but that’s not always true. WAV is actually just a Windows container for audio formats. This means that a WAV file can contain compressed audio, but it’s not usually used for that. A lot of WAV files contain uncompressed audio in PCM format. The WAV file is just a “wrapper” for the PCM encoding, which therefore makes it a lot more suitable for use on Windows systems. However, Mac systems can usually open WAV files without any issues.
• AIFF
AIFF stands for Audio Interchange File Format. Alike Microsoft and IBM developed WAV for Windows; AIFF is a format that was developed by Apple specifically for Mac systems back in 1988. Also similar to WAV files, AIFF files can also contain multiple kinds of audio. For example, there is a compressed version called AIFF-C and another version called Apple Loops which is used by
An onboard TLV320AIC23 (coder/decoder) codec is high-performance stereo audio codec with highly integrated analog functionality which provides analog-to-digital converters (ADCs) and digital-to-analog converters (DACs). Multibit sigma-delta technology with integrated oversampling digital interpolation filters is used in this onboard codec. It connects directly to a 12-MHz master clock. On the other hand, various data-transfer word length from 16 bits to 32 bits along with various sampling rates from 8 kHz to 96 kHz could be supported by this AIC23 codec. Besides, this TI AIC23 codec has stereo-line inputs and stereo-line output which makes this codec an ideal analog input/output (I/O) option for audio
Assets are to be recorded and valued based of the type of asset there are.
All audio is recorded is analogue and needs to be converted to digital. In order to do this a technique known as sampling is used. Here is a picture of how sampling works. The red line is the original analogue audio. The gray blocks are each sample of the audio. The more samples there are the higher quality or more true to the original it will be.
Assets are things that a company owns that have value. This typically means they can either be sold or used by the company to make products or provide services that can be sold. Assets include physical property, such as plants, trucks, equipment and inventory. It also includes things that can’t be touched but nevertheless exist and have value, such as
Digital and Analog recording which both were foreign to me, I now have a better understanding of them both now. To help me understand them I use this saying “digital data" which means that a digital recording deals with data and "analog acoustic" and analog deals with recording acoustic recording into an electric sound. The more data on a digital recording the more data you have about the actual sound that was recorded. The digital recordings you can change whatever you want about them because they are dealing with data. Then the acoustic recording seems as if you are transferring the acoustic sound to an electric sound. The understanding that I have of an analog recording is it is the exact replica of what was previously recorded. There is not much you can do to change it.
and the all the stock within the store. An asset to the company can be seen as anything that has
Find one article or web site related to your course and how methods are being used to implement audio files (in any
Sound as in speakers is being produced out for you to be able to hear what you want, and the way you hear these sounds from your computer is by having a sound card plugged into the
“An asset is a resource controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity.” (Myburgh, et al., 2013)
Audible.com is the leading online audio entertainment and information service. It sells audio content like audio books, lectures, print publications, audio editions, performances, speeches, study material, as well as other audio. The firm has more than 144,000 hours of audio content from at least 530 content partners with more than 40,000 titles. All the content is available for computer playback, burning to audio CD and listening using portable music device. The firm uses its Audible manager software in downloading, scheduling, managing and playing audio selections. The manager software also allows customers to listen and download spoken content and transfer to Audible Ready players. The firm is the exclusive provider of digital content.
The intangible asset is controlled by the organization. This means the organization has the power to obtain future economic benefits from the asset.
Assets can be hard goods such as computers and equipment, but can also be information and intellectual property.
According to this concept the asset is recorded in the books of accounts at the price paid for it and not at its market value. For example: if a business entity purchases a building valued at $15 million from a friend for $12 million, this asset would be recorded at $12 million and not at $ 15 million, because for the business entity the cost was $12 million and not $15 million.
Samuelson believes that the assets definition should concentrate upon property rights that are concerned with wealth, which provides a true balance sheet orientation, rather than being concerned with revenue generation, Samuelson’s definition may lead to an exit value orientation for assets. One of the key points about the property rights approach lies in exchangeability of the asset. Samuelson’s viewpoint would result in certain deferred charges being expensed immediately even though their incurrence may bring about future economic benefits.
A company’s resources include two types: tangible and intangible. The former is asset that can be observed and counted, such as, office furniture, production equipment, computer, and warehouse, etc. Unlikely, the intangible resources are assets that are rooted deeply in the company’s history, accumulate over time, and are relatively difficult for competitors to learn and copy, such as brand, intellectual property and reputation, etc.