Picking cherries from the fixed asset tree
Language: English Series: CSM ; 8 (8) April 1999, 40(1)Publication details: 1999Subject(s): Summary: Describes the Accounting Standard Board`s new standard on tangible fixed assets, FRS 15, which outlaws cherry-picking. Companies opting for a policy of revaluation in their accounts must revalue whole classes of similar assets and keep the revaluations up to date. The standard comes into force for accounting periods ending on or after 23 March 2000.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS60484 (Browse shelf(Opens below)) | 1 | Available | 92737-1001 |
Browsing London shelves, Shelving location: Journal article Close shelf browser (Hides shelf browser)
Describes the Accounting Standard Board`s new standard on tangible fixed assets, FRS 15, which outlaws cherry-picking. Companies opting for a policy of revaluation in their accounts must revalue whole classes of similar assets and keep the revaluations up to date. The standard comes into force for accounting periods ending on or after 23 March 2000.