kiinteävarallisuuden

Kiinteävarallisuus, known in English as fixed assets or tangible assets, refers to long-term physical assets that a company owns and uses in its operations to generate income. These are assets that are not expected to be consumed or sold within one year. Examples of kiinteävarallisuus include land, buildings, machinery, equipment, vehicles, and furniture.

The primary characteristic of kiinteävarallisuus is its durability and its contribution to the revenue-generating capacity of a business over an extended period. Unlike current assets, which are readily convertible to cash, fixed assets are held for use rather than for immediate sale. They are crucial for the production of goods and services and represent a significant investment for most companies.

In accounting, kiinteävarallisuus is recorded on the balance sheet at its historical cost. Over time, these assets depreciate, meaning their value decreases due to wear and tear, obsolescence, or usage. Depreciation is an accounting expense that reflects the gradual consumption of the asset's economic value. Companies systematically allocate the cost of a fixed asset over its useful life through depreciation.

The management of kiinteävarallisuus involves several key aspects, including acquisition, maintenance, and eventual disposal. Proper management ensures that these assets remain productive and contribute effectively to the company's strategic objectives. Investing in and maintaining fixed assets is a fundamental part of a company's capital expenditure strategy, aiming to support growth and operational efficiency.