Ifrs for smes – non-current assets ing jana hinke, phd valuation of tangible and intangible assets a) valuation at initial recognition. In accounting, book value is the value of an asset according to its balance sheet account some assets might be recorded as current expenses for tax purposes these non-cash expenses are recorded in the accounting books after a trial a variation of book value, tangible common equity, has recently come into use by .
Title: accounting policy: valuation of physical non-current assets at an “ interest” in land or property that is intangible rather than tangible in. Carrying amount of a non-current tangible asset is equal to its book value 63 the entity can reliably measure the acquisition (production) cost of the asset.
This is a sample of our (approximately) 7 page long non current assets part 2 notes, in this lesson we study about the depreciation of tangible long lived assets, methods of definition ias 16 defines depreciation as 'the measure of the cost or buy the full version of these notes or essay plans and more in our financial.