Carrying amount

Carrying amount is used troughout IFRS with variances surrounding the definition.

Carrying amount of an intangible asset:

Carrying amount is the amount at which an asset is recognised after deducting any accumulated depreciation and accumulated impairment losses.

Carrying amount of an investment property:

The amount at which an asset is recognised in the statement of financial position.

Carrying amount of Property, Plant and Equipment:

The amount at which an asset is recognised after deducting any accumulated depreciation and accumulated impairment losses.

Carrying amount of a liability:

The amount at which a liability is recognised in the statement of financial position.

Carrying amount of an asset:

The amount at which an asset is recognised in the statement of financial position, after deducting any accumulated depreciation and accumulated impairment losses thereon.

 

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