Difference between revisions of "Residual value"

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1. ''Financial reporting''.  
 
1. ''Financial reporting''.  
  
([[RV]]).
+
(RV).
  
 
The realisable value of an asset at the end of its useful economic life for the reporting entity, based on prices prevailing at the date of acquisition or revaluation where this has taken place.
 
The realisable value of an asset at the end of its useful economic life for the reporting entity, based on prices prevailing at the date of acquisition or revaluation where this has taken place.

Latest revision as of 16:00, 22 October 2020

1. Financial reporting.

(RV).

The realisable value of an asset at the end of its useful economic life for the reporting entity, based on prices prevailing at the date of acquisition or revaluation where this has taken place.


2.

More generally, the realisable value of an asset at the end of a period of use.


See also