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Money and monuments

By: Language: English Series: Accountancy ; 139(1362) February 2007, 22-25(4)Publication details: 2007Subject(s): Summary: Discusses how historical and ancient assets can be accounted for under new accountancy reporting standards. Argues that it may not be possible to put a realistic price on such assets as Stonehenge, the Elgin Marbles or work by Renaissance masters, and that the cost of valuation may be prohibitively high for organisations with large collections.

Discusses how historical and ancient assets can be accounted for under new accountancy reporting standards. Argues that it may not be possible to put a realistic price on such assets as Stonehenge, the Elgin Marbles or work by Renaissance masters, and that the cost of valuation may be prohibitively high for organisations with large collections.