käyttöomaisuusvarojen

Käyttöomaisuusvarat is a Finnish term referring to fixed assets or tangible assets used in a business's operations. These are assets that a company expects to use for more than one accounting period, and they are not intended for resale. Examples of käyttöomaisuusvarat include land, buildings, machinery, vehicles, furniture, and fixtures.

The acquisition and use of käyttöomaisuusvarat are significant for a company's long-term productivity and competitiveness. These assets are typically recorded on a company's balance sheet at their historical cost, which includes the purchase price and any costs incurred to get the asset ready for its intended use, such as transportation or installation.

Over time, käyttöomaisuusvarat are subject to depreciation, a systematic allocation of the asset's cost over its useful life. Depreciation reflects the wear and tear or obsolescence of the asset. The accumulated depreciation reduces the book value of the asset on the balance sheet. When a fixed asset is sold or disposed of, any gain or loss resulting from the difference between its book value and the sale proceeds is recognized in the income statement. Proper management of käyttöomaisuusvarat is crucial for financial reporting and for making informed investment and operational decisions.