Carrying amount

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.

Also known as the carrying value.

See also

• Balance sheet
• Depreciation
• Fixed assets
• FRS 102
• Goodwill
• IAS 2
• IAS 36
• IFRS 9
• Impaired loan
• Impairment
• Net book value
• Net realisable value