Fixed assets: Difference between revisions

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Relevant accounting standards include Section 17 and Section 27 of FRS 102.
Relevant accounting standards include IAS 16, IAS 38 and Section 17 and Section 27 of FRS 102.




== See also ==
== See also ==
* [[Assets]]
* [[Assets]]
* [[Depreciation]]
* [[Capital expenditure]]
* [[Capital expenditure]]
* [[Capital goods]]
* [[Capital goods]]
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* [[Current assets]]
* [[Current assets]]
* [[Depreciation]]
* [[Depreciation]]
* [[Financial reporting]]
* [[FRS 102]]
* [[FRS 102]]
* [[IAS 16]]  (Tangible assets - Property, plant and equipment)
* [[IAS 38]]  (Intangible assets)
* [[Impairment]]
* [[Impairment]]
* [[Intangible assets]]
* [[Intangible assets]]
* [[International Financial Reporting Standards]]  (IFRS)
* [[Net book value]]
* [[Net book value]]
* [[Non-current]]
* [[Non-current]]
* [[PPE]]
* [[Operational asset]]
* [[Property, plant and equipment]]
* [[Revaluation]]
* [[Tangible asset]]
* [[Tangible asset]]
* [[Useful economic life]]
* [[Useful economic life]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 05:20, 10 August 2024

Assets which are held by an entity to be used in its operations.

They are held for longer periods than current assets, being used by the entity for a number of years.


Tangible fixed assets are often reported as 'property, plant and equipment' (PPE).

Collectively, tangible and intangible long-term assets are known as 'non-current assets'.


Relevant accounting standards include IAS 16, IAS 38 and Section 17 and Section 27 of FRS 102.


See also