Käyttöomaisuusesineet

Käyttöomaisuusesineet, often translated as fixed assets or tangible assets in English, are physical items that a business owns and uses in its operations for more than one accounting period. These are distinct from inventory, which is intended for sale. Examples of käyttöomaisuusesineet include buildings, land, machinery, vehicles, furniture, and equipment.

The acquisition of käyttöomaisuusesineet represents a significant investment for a company. These assets are typically recorded on the balance sheet at their historical cost. Over time, the value of these assets decreases due to wear and tear, obsolescence, or usage. This reduction in value is accounted for through depreciation, which is expensed over the asset's useful life.

When a käyttöomaisuusesine is no longer useful to the business, it is disposed of through sale, retirement, or scrapping. The gain or loss on disposal is recognized in the income statement. Proper management and accounting for käyttöomaisuusesineet are crucial for accurate financial reporting and effective business operations.