nykyarvoperuste

Nykyarvoperuste is a Finnish term referring to a valuation approach based on the current value of assets and liabilities. It means valuing items at their present market value rather than at their original purchase price or another historic cost basis. The concept is used in Finnish accounting, auditing, taxation, and property valuation to reflect current economic conditions in financial statements and tax assessments.

The term applies to a range of assets, including real estate, financial instruments, machinery, and intangible assets. In financial reporting, nykyrvoperuste often involves valuing assets at levels that reflect current market conditions, or, when market values are not observable, applying valuation techniques that estimate current value (for example, market comparisons, discounted cash flows, or replacement cost approaches). In property taxation and other assessments, the basis is typically tied to the estimated value of the asset on the assessment date.

Nykyarvoperuste contrasts with historical cost accounting, which records assets at their original cost, and with other valuation concepts such as replacement cost or certain forms of fair value measurement used under international standards. The approach emphasizes updating asset values to reflect prevailing market conditions and may require periodic revaluations, professional appraisals, and disclosure in financial statements.

See also: valuation, fair value, historical cost, revaluation.