Efficient management of public sector assets
Bond, S.
Efficient management of public sector assets - 1998 - Journal of Property Valuation and Investment 16(4) 1998, 369-385(17) .
Considers some of the issues in the public sector concerned with the classification of assets for financial reporting purposes, and the valuation of those assets. Identifies the significance of efficient asset management for financial reporting, and as part of an active property management system. Discusses the limitations of the replacement cost approach, the main criticisms of cost approaches to valuation and the solutions being advocated. Includes references.
ACCOUNTS
ASSETS
CLASSIFICATION
COST APPROACH
COST ESTIMATING
DEPRECIATION
LIMITATIONS
LOCAL AUTHORITIES
NON-OPERATIONAL PROPERTY
NON-SPECIALISED PROPERTY
OPERATIONAL PROPERTY
PLANT AND MACHINERY
Property management
PUBLIC SECTOR
SPECIALISED PROPERTY
Valuation
VALUE
Efficient management of public sector assets - 1998 - Journal of Property Valuation and Investment 16(4) 1998, 369-385(17) .
Considers some of the issues in the public sector concerned with the classification of assets for financial reporting purposes, and the valuation of those assets. Identifies the significance of efficient asset management for financial reporting, and as part of an active property management system. Discusses the limitations of the replacement cost approach, the main criticisms of cost approaches to valuation and the solutions being advocated. Includes references.
ACCOUNTS
ASSETS
CLASSIFICATION
COST APPROACH
COST ESTIMATING
DEPRECIATION
LIMITATIONS
LOCAL AUTHORITIES
NON-OPERATIONAL PROPERTY
NON-SPECIALISED PROPERTY
OPERATIONAL PROPERTY
PLANT AND MACHINERY
Property management
PUBLIC SECTOR
SPECIALISED PROPERTY
Valuation
VALUE