What are the valuation bases of fixed assets?

Priced at historical cost, replacement full value, and net worth.

1. Accounting Standards for Business Enterprises No. 4 - Fixed Assets stipulates that fixed assets should be initially measured at cost.

2. Priced at historical cost. Historical cost is also known as original acquisition cost or original value, referred to as original price. It refers to all reasonable and necessary expenditures incurred by an enterprise before the acquisition of a fixed asset reaches the intended usable state.

This valuation method has the characteristics of objective and verifiable, so it is the basic valuation standard for fixed assets.

3. Valuation is based on net value. Net fixed assets.

Also known as depreciated value, it refers to the net amount of the original value of a fixed asset minus the amount of depreciation provided. It can reflect the amount of funds actually occupied by the enterprise on fixed assets and the degree of newness of fixed assets. This valuation method is mainly used to calculate the surplus or loss of inventory profit, inventory loss, and damaged fixed assets.

4. The full replacement value is also known as the actual replacement cost.

It refers to the total expenditure required to re-purchase and build the same fixed assets under the conditions of production technology at that time. Although valuation based on actual replacement cost can more truly reflect the actual value of fixed assets, it also brings a series of other problems, and the accounting practice is also relatively complex. Therefore, this method is only used in determining the value of the fixed assets in the inventory property or in the case of supplementing and annotating the statements.

Answer: Concept: Fixed assets refer to those with the following characteristics.

Tangible assets: 1) held for the production of goods, provision of services, leasing or management;

2) The service life is more than one fiscal year.

Valuation basis: (1) original value;

2) replacement value;

3) Net worth (depreciated value).

1.Original value.

Original value, also known as historical cost. It is the purchase and construction of a fixed asset that the enterprise has reached the intended usable state.

All expenses incurred before, including the original purchase price of fixed assets and the loading and unloading costs, insurance premiums, transportation and miscellaneous expenses borne by the enterprise.

and installation costs. Due to the objectivity and verifiability of the original value, it becomes the basic calculation for the valuation of fixed assets.

Price standard. 2.Replacement value.

Replacement value is the total amount paid to repurchase the same fixed asset under the current technical condition and condition.

Forehead. This valuation standard is applicable to the determination of the value of fixed assets when they are revalued in accordance with national regulations. Right.

This criterion can also be used to determine the original value of fixed assets that have been made in excess of the inventory and fixed assets received by donations (without original documents).

3.Net worth (depreciated value).

Net value is the original or replacement value of a fixed asset minus depreciation. The net value can reflect the actual situation of the enterprise.

The amount of the fixed asset occupied and the degree to which the fixed asset is old or new. This valuation method is mainly used to calculate profit, loss, and damage.

net surplus or net loss of fixed assets, etc.

(1) Original value.

Original value refers to all reasonable and necessary expenditures incurred by an insurance company before the purchase and construction of a fixed asset reaches a usable state. The original value is the basic valuation standard for fixed assets, and its main advantage is that it is objective and verifiable. The original value is suitable for the insurance company to determine the valuation of the newly acquired fixed assets and as the basis for depreciation.

2) Reset the full value.

Replacement full value refers to the total expenditure required to re-construct the same fixed asset under the prevailing production technology and market conditions. The characteristics of the replacement of full value are that it can reflect the current value of fixed assets more realistically, but it will also bring a series of complex problems and the accounting practice is also more complicated, so it is not suitable as a general valuation basis. When an insurance company acquires an old fixed asset or a fixed asset with a profit, it is not possible to determine its original value, and it can use the full replacement value valuation.

3) Net worth. Net worth, also known as depreciated value, is the net amount of the original or full replacement value of a fixed asset minus accumulated depreciation. The net value is the existing book value of the fixed assets, reflecting the amount of funds actually occupied on the fixed assets and the degree of newness of the fixed assets.

The valuation of fixed assets refers to the calculation and determination of the value of each fixed asset in accordance with the valuation principles stipulated by the state in accordance with the monetary unit of measurement. The valuation methods of fixed assets mainly include: valuation according to the original value and valuation according to the net value.

Valuation at original value: The original value of a fixed asset, also known as the original cost or historical cost, referred to as the original value or original price.

It depends on the company's financial system, but it is generally the sum of the purchase price, transportation costs, taxes and the cost of making the fixed assets usable!