käyttöomaisuusvarat

Käyttöomaisuusvarat, often translated as tangible fixed assets or property, plant, and equipment (PP&E), refers to the long-term physical assets that a company uses in its operations to generate revenue. These assets are not intended for sale in the ordinary course of business and are expected to provide economic benefits for more than one accounting period. Examples of käyttöomaisuusvarat include land, buildings, machinery, vehicles, and furniture.

The acquisition of these assets is typically recorded at their historical cost, which includes the purchase price and any directly attributable costs necessary to bring the asset to its intended use, such as transportation and installation costs. Over time, käyttöomaisuusvarat are subject to depreciation, a systematic allocation of the asset's cost over its useful life. This depreciation expense reflects the wear and tear or obsolescence of the asset. Different depreciation methods, such as straight-line or declining balance, can be used depending on the nature of the asset and accounting policies.

The value of käyttöomaisuusvarat on the balance sheet is presented as the cost of the asset less accumulated depreciation and any impairment losses. Impairment occurs when the carrying amount of an asset exceeds its recoverable amount, indicating a permanent decline in its value. Companies must regularly assess their tangible fixed assets for impairment. Disposal of these assets, whether through sale or retirement, also has accounting implications, leading to the recognition of gains or losses. Proper management and accounting for käyttöomaisuusvarat are crucial for accurate financial reporting and effective operational planning.