Financial Stability Board and Fixed assets: Difference between pages
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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 == | == See also == | ||
* [[ | * [[Assets]] | ||
* [[ | * [[Depreciation]] | ||
* [[ | * [[Capital expenditure]] | ||
* [[Capital goods]] | |||
* [[Capitalisation]] | |||
* [[Capitalise]] | |||
* [[Current assets]] | |||
* [[Depreciation]] | |||
* [[FRS 102]] | |||
* [[IAS 16]] | |||
* [[IAS 38]] | |||
* [[Impairment]] | |||
* [[Intangible assets]] | |||
* [[Net book value]] | |||
* [[Non-current]] | |||
* [[Operational asset]] | |||
* [[Property, plant and equipment]] | |||
* [[Revaluation]] | |||
* [[Tangible asset]] | |||
* [[Useful economic life]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
Latest revision as of 11:46, 12 April 2022
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.
