Residual value: Difference between revisions
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imported>Doug Williamson m (Spacing 20/8/13) |
imported>Doug Williamson (Link with RV page.) |
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''Financial reporting''. | ''Financial reporting''. | ||
([[RV]]). | |||
The realisable value of an asset at the end of its useful economic life for the reporting entity, based on prices prevailing at the date of acquisition or revaluation where this has taken place. | The realisable value of an asset at the end of its useful economic life for the reporting entity, based on prices prevailing at the date of acquisition or revaluation where this has taken place. | ||
Revision as of 16:19, 5 March 2016
1.
Financial reporting.
(RV).
The realisable value of an asset at the end of its useful economic life for the reporting entity, based on prices prevailing at the date of acquisition or revaluation where this has taken place.
2.
More generally, the realisable value of an asset at the end of a period of use.
