current cost or recoverable amount, the lower

简明释义

现行成本与可回收额孰低

英英释义

例句

1.In assessing the asset value, we will take the current cost or recoverable amount, the lower into account.

在评估资产价值时，我们将考虑当前成本或可回收金额中较低者。

2.During the audit, the team found that the inventory was valued at current cost or recoverable amount, the lower to reflect its true worth.

在审计过程中，团队发现库存的估值为当前成本或可回收金额中较低者，以反映其真实价值。

3.For impairment testing, we must determine the current cost or recoverable amount, the lower of the fixed assets.

对于减值测试，我们必须确定固定资产的当前成本或可回收金额中较低者。

4.The financial report highlighted that the property was listed at current cost or recoverable amount, the lower to comply with accounting standards.

财务报告强调，该物业按当前成本或可回收金额中较低者列示，以遵循会计准则。

5.The accountant explained that the asset should be recorded at current cost or recoverable amount, the lower to ensure accurate financial statements.

会计解释说，资产应按当前成本或可回收金额中较低者记录，以确保财务报表的准确性。

作文

In the world of finance and accounting, understanding the concept of asset valuation is crucial for making informed decisions. One important aspect of this valuation process is determining the value of an asset based on either its current cost or its recoverable amount. The phrase current cost or recoverable amount, the lower signifies a fundamental principle in accounting that ensures assets are not overstated on financial statements. To elaborate, the current cost refers to the amount that would be required to replace an asset at the present time, while the recoverable amount is defined as the higher of an asset's fair value less costs to sell and its value in use. In simpler terms, the recoverable amount represents the potential cash flows that an asset can generate, discounted to present value. The phrase current cost or recoverable amount, the lower instructs accountants to choose the lesser of these two values when reporting the asset on the balance sheet.This principle is rooted in the conservatism concept in accounting, which encourages caution in financial reporting. By recognizing the lower of the two values, businesses can avoid inflating their asset values, which could mislead stakeholders about the company's financial health. For example, if a company owns a piece of machinery that originally cost $100,000 but now has a current cost of $80,000 due to depreciation, and a recoverable amount of only $60,000 based on its future cash flows, the company must report the asset at $60,000. This practice helps to provide a more accurate picture of the company's assets and liabilities.Moreover, the application of the current cost or recoverable amount, the lower guideline is particularly significant during times of economic downturns. Companies may face challenges in generating expected cash flows, leading to asset impairments. By adhering to this principle, they can adjust their asset values accordingly, reflecting a more realistic scenario in their financial statements. This adjustment not only protects shareholders' interests but also enhances the credibility of the financial reporting process.In addition, understanding this phrase is vital for investors and analysts who evaluate a company's performance. When assessing a company's financial health, they look closely at the balance sheet and the reported values of assets. If a company fails to apply the current cost or recoverable amount, the lower principle, it risks presenting an inflated view of its worth, which can lead to poor investment decisions.In conclusion, the phrase current cost or recoverable amount, the lower encapsulates an essential accounting principle that mandates businesses to report their assets at the lesser of their current cost or recoverable amount. This approach not only aligns with the conservative nature of accounting but also safeguards the interests of investors and stakeholders by ensuring that financial statements provide a true and fair view of the company’s financial position. Understanding and applying this principle is fundamental for anyone involved in financial reporting, investment analysis, or corporate governance, as it lays the groundwork for transparency and trust in the financial markets.

在金融和会计领域，理解资产估值的概念对于做出明智的决策至关重要。这个估值过程中的一个重要方面是根据当前成本或可收回金额来确定资产的价值。短语current cost or recoverable amount, the lower表示会计中的一个基本原则，确保资产在财务报表上不会被高估。详细来说，当前成本是指在当前时间更换资产所需的金额，而可收回金额则被定义为资产公允价值减去销售成本与其使用价值中的较高者。简单来说，可收回金额代表资产能够产生的潜在现金流，折现为现值。短语current cost or recoverable amount, the lower指示会计师在资产报告时选择这两者中的较小者。这一原则根植于会计中的保守主义概念，鼓励在财务报告中保持谨慎。通过确认这两个值中的较低者，企业可以避免夸大其资产价值，这可能会误导利益相关者对公司财务健康状况的判断。例如，如果一家公司拥有一台原价为100,000美元的机器，但由于折旧，现在的当前成本为80,000美元，而基于未来现金流的可收回金额仅为60,000美元，那么公司必须以60,000美元的价格报告该资产。这一做法有助于提供公司资产和负债的更准确的图景。此外，在经济衰退时期，应用current cost or recoverable amount, the lower指导方针尤为重要。公司可能面临生成预期现金流的挑战，导致资产减值。通过遵循这一原则，他们可以相应地调整资产价值，反映财务报表中更现实的情形。这一调整不仅保护了股东的利益，还增强了财务报告过程的可信度。此外，理解这个短语对评估公司业绩的投资者和分析师也至关重要。在评估公司的财务健康状况时，他们会密切关注资产负债表以及报告的资产价值。如果公司未能应用current cost or recoverable amount, the lower原则，它就有可能呈现出对其价值的夸大看法，这可能导致错误的投资决策。总之，短语current cost or recoverable amount, the lower概括了一个基本的会计原则，要求企业以其当前成本或可收回金额中的较低者报告其资产。这种方法不仅符合会计的保守特性，还通过确保财务报表提供公司财务状况的真实和公正的视图来保护投资者和利益相关者的利益。理解和应用这一原则对于参与财务报告、投资分析或公司治理的任何人来说都是至关重要的，因为它为金融市场的透明度和信任奠定了基础。