Fixed Assets According to the Financial Accounting Standards

Fixed Assets According to the Financial Accounting Standards

     What is Fixed Assets?? Fixed Assets According to the Financial Accounting Standards # 16 (2004:16.2):"Fixed assets are tangible assets acquired in the form of ready-made are used in the operation of the company, not intended for sale within the framework of normal business activities and have a useful life of more than one year".

 The nature of such fixed assets.1. Long-term or useful life of more than one year.2. Owned and used in the normal operation of the company to produce goods or services.3. Not intended for resale or trade to profit from the sale of assets.

 Form of fixed assets
Fixed assets can be classified into two groups, namely

 A. Tangible Fixed Assets
According to the definition of Fixed Assets Accounting StandardsZaki Baridwan (1992:271) stated: "tangible fixed assets are tangible assets that are used in relatively permanent normal corporate activities"
 So tangible fixed assets has a permanent nature or in other words can be used in a relatively long period of time.Tangible fixed assets is further divided into:

    Fixed assets are not limited to age, such as Land / Land
    Fixed assets are limited and when they are old habismasa use could be replaced with similar assets assets,
for example: Building / Land, Machinery / Machine, Equipment / Equitment, Vehicle / Automobile and others.

    Fixed assets are limited and when they are old habismasa use can not be replaced by aktivasejenis,
for example: natural sources such as hasiltambang, forests, and others.
B. Intangible Fixed Assets

Definition of intangible fixed assets under Accounting Standard
          Zaki Baridwan (1992:355) is: "assets-assets that are older than one year and not have a physical form.Kenpa menpunyai no physical form?? In general, intangible assets are owned rights that can be used for more than one year ".
According to Financial Accounting Standards (2004:19.3): "Intangible assets are non-monetary assets that can be identified and has no physical form and held for use in the produce or deliver goods or services, leased to others, or for administrative purposes."
 Intangible assets include licenses can be shaped, trademarks (including brand products), patents, copyrights, franchises.
Depreciation of tangible fixed assets

      Depreciation according to Financial Accounting Standards (2004:17.1):
    "Depreciation is the allocation of an asset that can be depreciated over the estimated useful life."
     Depreciation for the accounting period is charged kependapatan either directly or indirectly.
   Assets that are depreciable assets are:

    It is expected to be used during more than one accounting period.
    Have a finite useful life
    Held by an enterprise for use in the production or supply of goods and services, for rental or for administrative purposes
    Factors to be considered in the calculation of the cost of depreciation of an asset, ie


     Fixed Assets depreciation method

    Straight-line depreciation method used in taxation, this method is only used for building asset class
The formula is:
         Depreciation per year = Residual Value Value Cost-Age Economic

    2. Methods Number Numbers In one method is an accelerated depreciation method. The method of depreciation is not allowed in the calculation of taxable income.

    3. Double Declining Balance Method This method includes accelerated depreciation method and can be used in taxation. The tax rate in this method is determined in advance and the same amount every tahun.Penyusutan view of multiplying the rates calculated by the value of the book of the same child.

     4. Unit Method of Production Depreciation against some Janis assets such as machinery, vehicles more appropriate when the unit of production method used.


           depreciation per unit = Cost Value - Value ResiduTaksiran Total Production

           Depreciation year = Total production year x Depreciation per unit.

    5. Group and Composite Depreciation To avoid administrative work in small, usually the company chose denganmengelompokan depreciation of assets into groups (group). In this group are called class tax assets.


    The rate of depreciation is calculated using the following formula:Group depreciation rate =1. Estimated average age of the group of assetsDepletionDepletion is a term used in accounting for depreciation in mining states and pengusahahutan. Taxation deplasi use another term for the amortization.
The formula:


Depleasi = Value-Cost Residual Value Total Potential
Oia, Thank you for reading articles from Accounting Unsika may be useful.The title "Fixed By Accounting Standards