Measurement: Difference between revisions

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For example, the depreciated historical cost of a tangible fixed asset.
For example, the depreciated historical cost of a tangible fixed asset.


Measurement may include valuation or revaluation, but measurement is broader concept.
Measurement may include valuation or revaluation, but measurement is a broader concept.





Revision as of 14:46, 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 a broader concept.


2.

More generally, any process leading to a quantified evaluation.


See also