Measurement: Difference between revisions
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imported>Doug Williamson (Create page. Sources: linked pages.) |
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* [[Assets]] | * [[Assets]] | ||
* [[Carrying value]] | * [[Carrying value]] | ||
* [[ | * [[Depreciation]] | ||
* [[Financial reporting]] | * [[Financial reporting]] | ||
* [[Historical cost]] | * [[Historical cost accounting]] | ||
* [[Liabilities]] | * [[Liabilities]] | ||
* [[Market price]] | * [[Market price]] | ||
Revision as of 12:01, 29 October 2020
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.
