Urgent~ Asset Value ~ 會計(10分)

ShanShan

2007-03-28 6:54 pm

The balance sheet indicates the value of a company non-current assets at the B/S date. It could be said that this value will provide the users of the financial statement with a True and Fair view of the value of these assets on that date.

You are required to discuss and critically evaluate the ways in which companies value their non-current assets.

The answer should include example from actual companies, with an assessment of the valuation methods used.

回答 (1)

用戶11400

2007-04-04 7:51 pm

✔ 最佳答案

You can find actual information from annual reports of listed companies. For example, the consolidated balance sheet of 2005 annual report of Cheung Kong (Holdings) showed that it had the following non-current assets:
- Fixed assets
- Investment properties
- Associates
- Jointly controlled entities
- Investment available for sales
- Long term loans

And the notes showed the valuation methods, for example:
- fixed assets: cost less depreciation
- Investment properties: revalued by independent professional valuer on an open market value basis

You can evaluate the valuation method yourself, and generally the listed company will value the asset according to HKFRS.

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