Disclosure of economic value of operating fixed assets in financial statements of Polish public companies

Abstract

The objective of the paper is analysis of the methods of identifying, measuring and recognizing the oper-ating fixed assets impairment, alongside with defining and measurement of operating fixed assets economic value and its determinants as well as the quality of this information disclosed in financial state-ments as of 2014. The research was conducted on the basis of annual financial statements of companieslisted on Warsaw Stock Exchange that are included in stock indices WIG 20 and sWIG 80. The research was focused on disclosures of determinants used by companies to estimate the economic value of operat-ing fixed assets for the purposes of impairment test performed according to IAS 36.

Keywords

• wartość ekonomiczna
• odpis z tytułu utraty wartości
• operacyjne aktywa trwałe
• MSR 36
• economic value
• impairment write offs