Fixed assets: Difference between revisions
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* [[Depreciation]] | * [[Depreciation]] | ||
* [[FRS 102]] | * [[FRS 102]] | ||
* [[IAS 16]] | |||
* [[IAS 38]] | |||
* [[Impairment]] | * [[Impairment]] | ||
* [[Intangible assets]] | * [[Intangible assets]] | ||
Revision as of 18:34, 30 December 2021
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 Section 17 and Section 27 of FRS 102.
