Measurement

From ACT Wiki
Revision as of 11:59, 29 October 2020 by imported>Doug Williamson (Create page. Sources: linked pages.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

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 broader concept.


2.

More generally, any process leading to a quantified evaluation.


See also