Criteria for recognition as assets:
Ownership of resources. For example, an asset leased by an outward unit in the form of operating lease is not the asset of the unit, because the ownership of this asset does not belong to the enterprise.
Whether the resource is owned or controlled by the company. For example, if the payment has been made to the foreign company, but the goods have not been issued, the goods cannot be recognized as the assets of the enterprise for the time being. Because the goods have not been owned or controlled by the enterprise.
Whether this kind of economic resources can bring economic benefits to the unit. For example, some scrapped machinery and equipment can no longer bring economic benefits to the unit and cannot be recognized as assets in accounting.