1993 SNA Update Information - Obsolescence and depreciation |
| Issue description | | Issue description in [English] | [French] | [Russian] | [Spanish] | | Consumption of fixed capital is defined in the 1993 SNA in general terms as the decline, during the
course of the accounting period, in the current value of the stock of fixed assets owned and used by
a producer as a result of physical deterioration, normal obsolescence or normal accidental damage.
This decline is expressed in the average prices of the period, but the 1993 SNA does not give
guidance about whether the prices to be used should relate to the general price level or whether they
should be asset specific. |
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| Corresponding papers (Click on icon to see document in either pdf or word format) | | AEG papers: | Posted on 8/15/2005 |  |  | Obsolescence and depreciation | | AEG summaries: | Posted on 9/30/2005 | | | Obsolescence and depreciation |
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| Statistics | | Number of AEG recommendations: | 1 | | Number of country comments: | 30 | | Number of expert comments: | none |
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| Corresponding AEG Meetings | | The issue was discussed at the following meetings: | | July 2005 |
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