ASSET Bursary is available for students only South African citizens who are resident in the Western Cape are eligible.• Students who are in Grade 12 and intend studying for a first degree, diploma or higher certificate are eligible.
• You must meet the entry requirements for your chosen field of study.
ASSET Bursary Applications
• Applications may be made for a University or University of Technology in the Western Cape only.
• Applications for private institutions or FET Colleges are not accepted.
• In view of large numbers of applications, only successful candidates will be notified. This will be done by the end of February.
How to Apply
Please forward Application form and certified copies of all available supporting documents to: Bursary Department, Association for Educational Transformation, 5 Long Street, Mowbray, 7700, Cape Town.NB: If you have not been contacted by the end of February, please accept that your application was unsuccessful.
In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).
The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. One can classify assets into two major asset classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.
Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the marketplace. Examples of intangible assets include goodwill, copyrights, trademarks, patents and computer programs, and financial assets, including such items as accounts receivable, bonds and stocks.