Tratamentul contabil și fiscal privind reevaluarea clădirilor și a terenurilor
The Tax and Accounting Treatments Regarding the Revaluation of Buildings and Lands
Author(s): Bogdan Cosmin GomoiSubject(s): Economy, Business Economy / Management, Accounting - Business Administration
Published by: Corpul Experților Contabili și Contabililor Autorizați din România (CECCAR)
Keywords: revaluation; buildings; lands; revaluation reserve; fair value; authorized evaluator;
Summary/Abstract: The present article aims to analyze the underlying mechanism of accounting for the revaluation and to present the specific treatments of amortizable and non-amortizable tangible assets, as provided for in the Order of the Minister of Public Finance No. 1802/2014 for the approval of the Accounting regulations regarding the individual annual financial statements and consolidated annual financial statements, with subsequent amendments and supplements. Companies may proceed with the revaluation of their existing non-current assets at the end of the financial year, to ensure their fair value presentation in accounting, and to ensure that the results of the revaluation will be reflected in the financial statements of that year.
Journal: CECCAR Business Review
- Issue Year: 1/2020
- Issue No: 05
- Page Range: 24-34
- Page Count: 11
- Language: English, Romanian