Glossary entry (derived from question below)
Polish term or phrase:
według wartości godziwych
English translation:
at their fair value
Added to glossary by
Karol Kawczyński
Sep 8, 2011 07:45
13 yrs ago
1 viewer *
Polish term
według wartości godziwych
Polish to English
Bus/Financial
Accounting
korekta wycena środków trwałych według wartości godziwych (korekta wartości firmy). By fair values?
Proposed translations
(English)
4 +3 | at their fair value | Karol Kawczyński |
Change log
Sep 13, 2011 06:30: Karol Kawczyński Created KOG entry
Proposed translations
+3
6 mins
Selected
at their fair value
hth
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Note added at 11 mins (2011-09-08 07:56:14 GMT)
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http://www.capitalinternationalfunds.com/pdf/en/public/EEU_C...
Money market instruments will be valued at nominal value plus any accrued interest or using an amortised cost method, provided that this method of valuation ensures that such assets will be valued at their fair value as determined in good faith pursuant to the procedure established by the Board of Directors.
http://www.crowehorwath.net/uploadedFiles/UK/industries/Not_...
Fair Value
FRED 45 has many references to the term fair value which is defined as “The amount for which an asset could be exchanged, a liability settled, or an equity instrument granted could be exchanged between knowledgeable, willing parties in an arm‟s length transaction.”
The notes on the development of the FRED explain that “The Board discussed whether using a fair value would overstate the value of a donation where the entity is unable to exploit fully an asset and the equivalent service potential could be derived from a lower value asset. Being able to achieve the same service potential from a lower value asset might suggest that the value of the donated asset should be at the lower value. However, this [draft] Standard requires donated assets to be valued at their fair value. This reflects that the circumstances described above would rarely occur. In many cases, an entity would be able to sell the donated asset and if appropriate, purchase a cheaper asset with the equivalent service potential.”
http://connect.mcgraw-hill.com/sites/0077328787/student_view...
Assets acquired through the issuance of equity securities are valued at the fair value of the securities if known; if not known, the fair value of the assets received is used. Donated assets are valued at their fair value. (p. 515)
http://kpmgsk.lcc.ch/dbfetch/52616e646f6d49569aa90c859065cd0...
--------------------------------------------------
Note added at 11 mins (2011-09-08 07:56:14 GMT)
--------------------------------------------------
http://www.capitalinternationalfunds.com/pdf/en/public/EEU_C...
Money market instruments will be valued at nominal value plus any accrued interest or using an amortised cost method, provided that this method of valuation ensures that such assets will be valued at their fair value as determined in good faith pursuant to the procedure established by the Board of Directors.
http://www.crowehorwath.net/uploadedFiles/UK/industries/Not_...
Fair Value
FRED 45 has many references to the term fair value which is defined as “The amount for which an asset could be exchanged, a liability settled, or an equity instrument granted could be exchanged between knowledgeable, willing parties in an arm‟s length transaction.”
The notes on the development of the FRED explain that “The Board discussed whether using a fair value would overstate the value of a donation where the entity is unable to exploit fully an asset and the equivalent service potential could be derived from a lower value asset. Being able to achieve the same service potential from a lower value asset might suggest that the value of the donated asset should be at the lower value. However, this [draft] Standard requires donated assets to be valued at their fair value. This reflects that the circumstances described above would rarely occur. In many cases, an entity would be able to sell the donated asset and if appropriate, purchase a cheaper asset with the equivalent service potential.”
http://connect.mcgraw-hill.com/sites/0077328787/student_view...
Assets acquired through the issuance of equity securities are valued at the fair value of the securities if known; if not known, the fair value of the assets received is used. Donated assets are valued at their fair value. (p. 515)
http://kpmgsk.lcc.ch/dbfetch/52616e646f6d49569aa90c859065cd0...
Note from asker:
dziekuje |
4 KudoZ points awarded for this answer.
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