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What is meant by value in use?

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تم إضافة السؤال من قبل SREEDEVI SUNILKUMAR , Business finance officer , Emirates Airline
تاريخ النشر: 2014/04/09
Efange Thomas Ehadesign ACCA
من قبل Efange Thomas Ehadesign ACCA , Senior Procurement Officer , Al Khor International School

Value in Use is the present value of the future cash flows expected to be derived from an asset or cash-generating unit. Most often than not  the value will be discounted using an interest free rate or the implicite interest rate.

Shariful Islam
من قبل Shariful Islam , Manager, Internal Audit , BARC Pakistan

The worth of a property in a certain use, typically as it is currently being used. This amount may be greater or less than its market value.

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