Naslov
Fair Value Measurement of Long-Term Tangible Assets: Existing Experience and Possible Challenges for Croatian Small Manufacturing Enterprises

Autori
Tušek, Boris ; Dečman, Nikolina ; Rep, Ana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Proceedings of the 32nd International Business Information Management Association Conference (IBIMA) / Soliman, Khalid S. - , 2018, 1461-1474

ISBN
978-0-9998551-1-9

Skup
32nd International Business Information Management Association Conference (32nd IBIMA)

Mjesto i datum
Sevilla, Španjolska, 15.11.2018. - 16.11.2018

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
fer vrijednost ; dugotrajna materijalna imovina ; mala poduzeća ; Hrvatska
(fair value ; long-term tangible assets ; small enterprises ; Croatia)

Sažetak
Accounting standards contain important principles for recognition and measurement of the financial statements positions. Although there are various sets of financial reporting standards, in all of them it is possible to recognize the same or very similar rules of measurement and valuation of assets and liabilities. The cost model usually comes with the possibility of applying the fair value model. It is to be expected that asset valuation at a fair value model require disproportional administrative and financial burden for smaller enterprises since they often lack staffing or financial capacity to apply it. The purpose of this study is to explore whether there is a real practical need for applying the fair value model in the financial reporting of small Croatian enterprises. In order to analyze whether Croatian small manufacturing enterprises use the revaluation model as a method of measurement of long-term tangible assets after initial recognition, an empirical research has been taken. The main field of the research is related to recognition and measurement models, accounting estimates of the useful life of assets, depreciation methods, and rates used. Research results indicate that the majority of enterprises taken into research sample use the cost model for the measurement of intangible assets after initial recognition, while those that use the revaluation model use it mostly for the properties, while the other tangible assets measure at the cost model.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA