Carrying amount: Difference between revisions
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imported>Doug Williamson (Create page. Source: IAS 36.) |
imported>Doug Williamson (Add amortisation.) |
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''Financial reporting''. | ''Financial reporting''. | ||
The carrying amount of an asset is the amount at which the asset is recognised in the balance sheet after deducting accumulated depreciation and accumulated impairment losses | The carrying amount of an asset is the amount at which the asset is recognised in the balance sheet after deducting accumulated depreciation or amortisation and accumulated impairment losses. | ||
Also known as the ''carrying value''. | |||
== See also == | == See also == | ||
* [[Amortisation]] | |||
* [[Balance sheet]] | * [[Balance sheet]] | ||
* [[Depreciation]] | * [[Depreciation]] | ||
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* [[Net book value]] | * [[Net book value]] | ||
* [[Net realisable value]] | * [[Net realisable value]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Latest revision as of 00:08, 16 January 2020
Financial reporting.
The carrying amount of an asset is the amount at which the asset is recognised in the balance sheet after deducting accumulated depreciation or amortisation and accumulated impairment losses.
Also known as the carrying value.
