The conceptual framework considers asset valuation accounts to be part of the related asset account. They are not considered to be assets or liabilities in their own right.

In finance, valuation is the process of estimating what something is worth. The valuation of a financial asset is based on the absolute value, relative value, or option pricing models.

An interim valuation is a valuation of an asset or property that is conducted outside of the regular valuation schedule. This may be necessary in situations such as a change in ownership, refinancing, or legal proceedings. It provides a current estimate of the value of the asset at a specific point in time.

to emphasize asset valuation

no