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Recoverable value (See Chapter 7 of the Vernimmen)
Recoverable value is defined as the highest of: the value in use, i.e. the present value of the cash flows expected to be realised from the asset; the net selling price, i.e. the amount obtainable from the sale of an asset in an arm's length transaction, less the costs of disposal. Recoverable value is of particular importance for intangible fixed assets.
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Recoverable value (See Chapter 7 of the Vernimmen)
Recoverable value is defined as the highest of: the value in use, i.e. the present value of the cash flows expected to be realised from the asset; the net selling price, i.e. the amount obtainable from the sale of an asset in an arm's length transaction, less the costs of disposal. Recoverable value is of particular importance for intangible fixed assets.
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