Long-Lived Assets

Financial Reporting and Analysis, Long-Lived Assets – an Overview

Aug 29,20

Blog article 2, Reading 26, Long-Lived Assets (2020 Curriculum) The definition of long-lived assets is that they are expected to generate economic benefits over a future period of time. We first need to differentiate between – recognition and – measurement. For measurement purposes, one must decide whether – the acquisition costs are capitalized and allocated as expenses over the term …

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Financial Reporting and Analysis, Understanding Balance Sheets – an Overview

Aug 29,20

Blog article 1, Reading 22 “Understanding Balance Sheets” of the CFA Level I (curriculum 2020) is about understanding how a balance sheet is structured, when certain things have to be accounted for (= recognition) and how they have to be valued (= measurement). The valuation is divided into initial and subsequent measurement. We will talk about the differences between current …

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