Difference between revisions of "Fixed assets"

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* [[Net book value]]
 
* [[Net book value]]
 
* [[Non-current]]
 
* [[Non-current]]
* [[PPE]]
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* [[Property, plant and equipment]]
 
* [[Tangible asset]]
 
* [[Tangible asset]]
 
* [[Useful economic life]]
 
* [[Useful economic life]]
  
 
[[Category:Accounting,_tax_and_regulation]]
 
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 14:44, 25 March 2020

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.


See also