innstegningsverdi

Innstegningsverdi, a Norwegian term, translates to "entry value" or "initial value" in English. It refers to the value assigned to an asset or liability at the point it is first recognized on a company's balance sheet. This value is crucial as it forms the basis for subsequent accounting measurements.

The specific method for determining the innstegningsverdi depends on the nature of the item. For purchased assets, it typically includes the purchase price and any directly attributable costs necessary to bring the asset into use, such as transportation and installation. For internally generated assets, the calculation can be more complex, often reflecting the costs incurred in creating the asset. For financial instruments, the innstegningsverdi is often the transaction price, which represents the fair value at the time of initial recognition.

Innstegningsverdi is a fundamental concept in accrual accounting and is distinct from fair value or market value, although it may initially be equivalent to fair value at the time of acquisition. Over time, the carrying amount of an asset may change due to depreciation, amortization, impairment, or revaluation, but the original innstegningsverdi remains a historical reference point. Understanding the innstegningsverdi is essential for analyzing a company's financial statements and understanding how its assets and liabilities are valued.