EconPapers    
Economics at your fingertips  
 

ACCOUNTING TREATMENT FOR PROPERTY, PLANT AND EQUIPMENT REVALUATIONS

Adrian Trifan and Carmen Anton
Additional contact information
Adrian Trifan: Transilvania University of Brasov, Romania
Carmen Anton: Transilvania University of Brasov, Romania

Management & Marketing, 2013, vol. 8, issue Special-Issue, pages 379-386

Abstract: Entities may proceed to revaluation of tangible assets existing at the end of the financial year, so that they are shown in the accounts at their fair value, with the results of this revaluation reflected in the financial statements for that year. Revaluation should be made with sufficient regularity, so that the carrying amount should not differ substantially from that which would be determined using the fair value at the date of the balance sheet in relation to an active market. The content of this article presents the reasoning according to which the accounting treatment of the different results from the revaluation of tangible assets is done.

Keywords: revaluation; fair value; depreciation; net carrying amount. (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.managementmarketing.ro/~store/supliment ... iness_Excellence.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:eph:journl:v:8:y:2013:i:special-issue:p:379-386

Access Statistics for this article

Management & Marketing is currently edited by Constantin Bratianu

More articles in Management & Marketing from Economic Publishing House
Series data maintained by Simona Vasilache ().

 
Page updated 2015-09-08
Handle: RePEc:eph:journl:v:8:y:2013:i:special-issue:p:379-386