معالجة الأصول الثابتة المستهلكة دفتريًا

Abstract

This study aims to analyze the current status of the treatment of fixed assets depreciated in books, as fixed assets such as buildings, equipment and land are an essential element in the financial structure of institutions, but their unique nature requires accurate accounting standards that keep pace with the development of their economic value over time. The study addresses the current gaps in the accounting policies followed to treat these assets, focusing on the challenges associated with international accounting standards such as International Accounting Standard IAS 16 and local standards, in addition to the problems facing institutions in reevaluating fully depreciated assets despite their continued operational use. The study relied on the descriptive analytical approach by using qualitative analysis of previous studies and international accounting standards, in addition to analyzing the financial reports of different institutions, which contributed to highlighting the shortcomings of current accounting practices. The results revealed a clear lack of guidance related to the revaluation of depreciated assets, which negatively affects the accuracy of financial disclosure and the reliability of financial reports. The study also recommended the need to develop accounting standards that are more appropriate to the nature of these assets and enhance financial disclosure to ensure transparency and improve the quality of financial and administrative decisions.