Anläggningstillgångtill

Anläggningstillgångtill is not a standard term in Swedish accounting. It is likely a misspelling of anläggningstillgång (fixed asset) or anläggningstillgångar (fixed assets). This article explains the standard concept of fixed assets and their treatment in financial reporting.

A fixed asset is a long-term tangible asset held by a business for use in operations rather than for sale. It is expected to provide economic benefits for more than one year. Typical examples include land, buildings, machinery, equipment, vehicles and leasehold improvements. Fixed assets are distinguished from current assets such as inventories and cash.

Recognition and measurement follow the principle that a fixed asset is initially recognized at cost. Cost includes the purchase price and directly attributable costs necessary to bring the asset to its intended use. Subsequent measurement commonly uses a cost model or, in some frameworks like IFRS, a revaluation model. Land is generally not depreciated, while other fixed assets are allocated over their useful lives.

Depreciation systematically allocates the asset’s cost over its estimated useful life, reflecting wear, obsolescence and usage. Methods include straight-line and various declining balance approaches. Impairment tests are used when events or changes in circumstances indicate that the asset’s recoverable amount may be lower than its carrying amount; an impairment loss reduces the carrying amount.

Derecognition occurs on disposal or retirement, with any difference between sale proceeds and carrying amount recognized as a gain or loss. Tax rules may differ from accounting depreciation, and reporting requirements vary by jurisdiction and accounting framework. If you intended a different term, please specify, as the standard concept is fixed assets.