Measurement: Difference between revisions
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* [[Amortised cost]] | * [[Amortised cost]] | ||
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* [[Depreciation]] | * [[Depreciation]] | ||
Latest revision as of 08:57, 29 October 2022
1. Financial reporting - assets and liabilities.
In financial reporting, measurement is a process to determine the amounts at which assets and liabilities are incorporated into a balance sheet.
For example, the depreciated historical cost of a tangible fixed asset.
Measurement may include valuation or revaluation, but measurement is a broader concept.
2.
More generally, any process leading to a quantified evaluation.
