Question

Is signage a fixed asset?

Answer 1

Yes, signage when purchased by a business on its behalf to promote or advertise itself is a fixed asset that is liable for depreciation like any other fixed asset. However, if signage is purchased or rented by a billboard company the financial interest would be limited to the cost of the advertisement posted.

Also see:

• Difference Between Assets and Liabilities
• What Are Current Assets?
• What Are Non Current Assets?
• Fixed Assets Vs Current Assets