Fixed assets: Difference between revisions
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imported>Doug Williamson m (Spacing 27/8/13) |
imported>Doug Williamson (Update for FRS 102) |
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They are held for longer periods than current assets, being used by the entity for a number of years. | They are held for longer periods than current assets, being used by the entity for a number of years. | ||
Relevant accounting standards include Section 17 and Section 27 of FRS 102. | |||
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* [[Capitalise]] | * [[Capitalise]] | ||
* [[Current assets]] | * [[Current assets]] | ||
* [[FRS | * [[FRS 102]] | ||
* [[Impairment]] | * [[Impairment]] | ||
* [[Useful economic life]] | * [[Useful economic life]] | ||
Revision as of 10:52, 6 November 2015
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.
Relevant accounting standards include Section 17 and Section 27 of FRS 102.
