Assets other than monetary assets like cash and bank deposits where there is no right to receive a specific amount of currency. Can also be considered as intangible assets that still have value to a company, such as equipment, inventory, and patents.
Related information about non-monetary asset:
- What is non-monetary asset? - BusinessDictionary.com
Definition of non-monetary asset: An asset (such as equipment, inventory, land, or plant) that does not have a fixed exchange cash value, but whose value ...
- What is non-monetary asset? - InvestorWords.com
Definition of non-monetary asset: Assets other than monetary assets like cash and bank deposits where there is no right to receive a specific amount of currency.
- IFRS Interpretations Commitee Issue — Definition of the term 'non ...
May 23, 2012 ... IFRS Interpretations Commitee Issue — Definition of the term 'non-monetary asset' in SIC-13 and IAS 28 (revised in 2011). Date recorded: ...
- 14.2 Non-Monetary Transactions
Jul 31, 2008 ... The entity paying the monetary consideration measures the non-monetary asset received at the carrying amount of the asset given up plus the ...
- NON-MONETARY ASSET DEFINITION
NON-MONETARY ASSET see MONETARY ASSET. -
- What Are Non-Monetary Transactions, How Are They Accounted ...
“When one of the parties to a nonmonetary transaction could have elected to receive cash in lieu of the non-monetary asset, the amount of cash that would have ...
- SIC 13 Jointly Controlled Entities — Non-Monetary Contributions by ...
(a)when the appropriate portion of gains or losses resulting from a contribution of a non-monetary asset to a JCE in exchange for an equity interest in the JCE ...
- Asset Market Equilibrium
... to hold---such asset-mix issues stay in the background as long as we think of non-monetary asset holdings as an aggregate quantity and assume for analytical ...