käyttöomaisuudeksi
Käyttöomaisuudeksi refers to the Finnish accounting term for fixed assets or property, plant, and equipment (PP&E). It encompasses tangible and intangible assets that a company uses in its operations for more than one accounting period and are not intended for resale. These assets are crucial for generating revenue and are subject to depreciation or amortization over their useful lives.
Examples of tangible fixed assets (käyttöomaisuusomaisuus) include land, buildings, machinery, vehicles, and furniture. Intangible fixed assets
In Finnish accounting and financial reporting, fixed assets are recorded at their historical cost, which includes
Accurate accounting for fixed assets is vital for several reasons. It impacts a company's balance sheet, providing