List two items that provide future value to a business but are not included on a conventional

Question:

List two items that provide to a business but are not included on a conventional and, referring to the definition and recognition criteria for assets in the Framework, give one reason why each of the items you have listed is not shown on the Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...