KudoZ home » Hebrew to English » Accounting

סכום בר השבה

English translation: recoverable amount

Advertisement

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
23:12 Feb 4, 2012
Hebrew to English translations [PRO]
Bus/Financial - Accounting
Hebrew term or phrase: סכום בר השבה
סכום בר-השבה הינו הגבוה מבין מחיר המכירה של הנכס בניכוי עלויות מכירה לבין שווי השימוש בו.
chuckopolo
Local time: 08:59
English translation:recoverable amount
Explanation:
Definition of
recoverable amount
Accounting
value of asset if sold or when used
the value of an asset, either the price it would bring if sold, or its value to the company when used, whichever is the larger figure

http://www.qfinance.com/dictionary/recoverable-amount

plus some 887,000 Google advanced search results

--------------------------------------------------
Note added at 22 mins (2012-02-04 23:34:48 GMT)
--------------------------------------------------

a more detailed explanation:

Recoverable amount is the HIGHER of the:

•Fair value less those expenses relating to the disposal/sale of the asset and
•Value in use of an asset
A simple illustration:

Company XYZ has a plant & machinery which has a fair value of $100,000 and estimate that the costs to dispose of the asset should be $ 15,000. If the company decides to continue to use the asset the present value of the net cash flow from the asset is estimated to be $70,000

To calculate the recoverable amount, it is the higher of:

(a) Fair value less costs to sell viz: $100,000-$15,000=$85,000 and

(b) Value in use of the asset viz: $70,000

which in this case is the fair value less costs to sell i.e. $85,000

http://basiccollegeaccounting.com/2010/03/in-accounting-expl...
Selected response from:

wizard_of_words
Local time: 08:59
Grading comment
תודה
4 KudoZ points were awarded for this answer

Advertisement


Summary of answers provided
5 +3recoverable amount
wizard_of_words


  

Answers


18 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
recoverable amount


Explanation:
Definition of
recoverable amount
Accounting
value of asset if sold or when used
the value of an asset, either the price it would bring if sold, or its value to the company when used, whichever is the larger figure

http://www.qfinance.com/dictionary/recoverable-amount

plus some 887,000 Google advanced search results

--------------------------------------------------
Note added at 22 mins (2012-02-04 23:34:48 GMT)
--------------------------------------------------

a more detailed explanation:

Recoverable amount is the HIGHER of the:

•Fair value less those expenses relating to the disposal/sale of the asset and
•Value in use of an asset
A simple illustration:

Company XYZ has a plant & machinery which has a fair value of $100,000 and estimate that the costs to dispose of the asset should be $ 15,000. If the company decides to continue to use the asset the present value of the net cash flow from the asset is estimated to be $70,000

To calculate the recoverable amount, it is the higher of:

(a) Fair value less costs to sell viz: $100,000-$15,000=$85,000 and

(b) Value in use of the asset viz: $70,000

which in this case is the fair value less costs to sell i.e. $85,000

http://basiccollegeaccounting.com/2010/03/in-accounting-expl...

wizard_of_words
Local time: 08:59
Native speaker of: Native in HebrewHebrew, Native in EnglishEnglish
PRO pts in category: 4
Grading comment
תודה

Peer comments on this answer (and responses from the answerer)
agree  Lingopro: I almost entered the same answer - good thing I refreshed the page...
1 min
  -> Thanks, Lingo : ))

agree  Gad Kohenov: +
8 hrs
  -> TYVM, Gad :)))

agree  Yakir Lavie
17 hrs
  -> Thanks, Yakir :))
Login to enter a peer comment (or grade)




Return to KudoZ list


KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.



See also:



Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search