eikäyttöarvosta

Eikäyttöarvo refers to the residual value of an asset at the end of its useful economic life. It is the estimated amount that an entity can expect to obtain from the disposal of an asset, after deducting the costs of disposal, at the end of its useful life. This concept is crucial in accounting for depreciation, as it affects the depreciable amount of an asset. The depreciable amount is calculated as the asset's cost less its estimated residual value.

Estimating residual value involves considering various factors such as market conditions, the expected physical wear and tear of the asset, and technological obsolescence. For some assets, the residual value might be negligible or even zero. In other cases, it can be a significant amount, particularly for assets with a strong resale market or those that can be repurposed. For example, a vehicle may have a substantial residual value at the end of its operational use in a business, while a specialized piece of machinery might have a much lower residual value.

The recognition and measurement of residual value are governed by accounting standards, such as International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). These standards require entities to review the residual value of assets at least at each financial year-end and to adjust the depreciation charge accordingly if expectations change. This ensures that the carrying amount of an asset does not exceed its recoverable amount.