Architecture

The Unexpired Cost Of A Plant Asset Is Referred To As Its, Accumulated Depreciation Definition

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at nadechworld.com and Kapitall Wire and holds a MA in Economics from The New School for Social Research and Doctor of Philosophy in English literature from NYU.” data-inline-tooltip=”true”>Will Kenton

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Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at nadechworld.com and Kapitall Wire and holds a MA in Economics from The New School for Social Research and Doctor of Philosophy in English literature from NYU.

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Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics.

What Is Carrying Value?

Carrying value is an accounting measure of value in which the value of an asset or company is based on the figures in the respective company”s balance sheet. For physical assets, such as machinery or computer hardware, carrying cost is calculated as (original cost – accumulated depreciation). If a company purchases a patent or some other intellectual property item, then the formula for carrying value is (original cost – amortization expense).

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