The assets measurement in the financial statements

Author:PhD Student Mariana Adriana DEACONU, PhD Student Alexandrina Teodora BORFOAIA

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Keywords:assets, assessment basis, recoverable value, realizable value

Abstract:
The article presents the recognition criteria for un asset, as well the measurement bases used for the assets disclosure in the financial statements. There are analyzed the two important moments of the assets measurement, respective the measurement at the recognition and the further measurement.\r\nAt the recognition of an asset in the financial statements, the first type of measurement take into account the probability that future economic benefits will flow to the entity and the reliably measurement of asset cost or value. The second type of measurement compares the carrying value with some others values (recoverable value, net realizable value) in order to establish the impairment loss that is recognized in the accounting.\r\nThere are presented as well a few accounting solutions in order to support a just and fair image disclosure of the entity financial position.\r\n\r\n

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