<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The notion of tangible fixed assets can be interpreted as the heart, center or engine of an enterprise because it is expected to give rise to future economic benefits, namely, to contribute, both directly and indirectly, to the realization of the cash flows of investment activity. The importance of these fixed assets is clear from the fact that no company will be able to carry on its activity if it does not have tangible fixed assets in its assets, regardless of how they are purchased, for example: by acquisition, by building in its own right or by donation. The purpose of this article is to present the accounting treatment for the recognition, accounting, valuation and reassessment of these assets within an enterprise. The reason for choosing this issue was to highlight the importance that these tangible assets have at the level of each economic company. Certainly, these assets cannot be deprived of the assets of any economic agent because, in my opinion, they are the main pillar in any business.</p></abstract>

The notion of tangible fixed assets can be interpreted as the heart, center or engine of an enterprise because it is expected to give rise to future economic benefits, namely, to contribute, both directly and indirectly, to the realization of the cash flows of investment activity. The importance of these fixed assets is clear from the fact that no company will be able to carry on its activity if it does not have tangible fixed assets in its assets, regardless of how they are purchased, for example: by acquisition, by building in its own right or by donation. The purpose of this article is to present the accounting treatment for the recognition, accounting, valuation and reassessment of these assets within an enterprise. The reason for choosing this issue was to highlight the importance that these tangible assets have at the level of each economic company. Certainly, these assets cannot be deprived of the assets of any economic agent because, in my opinion, they are the main pillar in any business.

Evaluation of Tangible Fixed Assets

International conference KNOWLEDGE-BASED ORGANIZATION

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

{"article-title":"Evaluation of Tangible Fixed Assets"}

The notion of tangible fixed assets can be interpreted as the heart, center or engine of an enterprise because it is expected to give rise to future economic...

Evaluation of Tangible Fixed Assets

Publicado en línea: 20 jul 2020

Páginas: 31 - 36

DOI: https://doi.org/10.2478/kbo-2020-0049

Palabras clave
tangible fixed assets, recognition, registration, evaluation

© 2020 Sebastian Floștoiu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Evaluation of Tangible Fixed Assets

Publicado en línea: 20 jul 2020

Páginas: 31 - 36

DOI: https://doi.org/10.2478/kbo-2020-0049

Palabras clavetangible fixed assets, recognition, registration, evaluation

© 2020 Sebastian Floștoiu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Palabras clave
tangible fixed assets, recognition, registration, evaluation