Book value and PROC: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add links.)
 
imported>Administrator
(CSV import)
 
Line 1: Line 1:
''Accounting.''
People's Republic of China.
 
The value as recorded in a company’s books, in other words its accounts including its published balance sheet. 
 
 
Historically, the book value of an asset was generally its original cost less any depreciation or other write-down in value. 
 
This was distinct from - and could be very different from - prevailing market value, the fair market price which an asset might be expected to raise if offered for sale.  (Or at which a liability might be settled.)
 
 
In order to address the problems arising from differences between book values and market values, accounting practice has moved substantially toward a system of book valuation which is aligned more closely with market values.
 


== See also ==
== See also ==
* [[Book entry]]
* [[PBOC]]
* [[Book equity]]
* [[Renminbi]]
* [[Equity]]
* [[Fair value]]
* [[Market/book ratio]]
* [[Market value]]
* [[Market value added]]
* [[Net assets]]
* [[Net book value]]
* [[Return on capital employed]]
* [[Shareholders’ funds]]
* [[Write down]]


[[Category:Accounting,_tax_and_regulation]]

Revision as of 14:20, 23 October 2012

People's Republic of China.

See also