Bookmarks
Concepts
Activity
Courses
Learning Plans
Courses
Request
Log In
Sign up
New Course
Concept
Write-Down
A write-down is an
accounting process
used to reduce the
book value
of an asset when its
fair market value
has fallen below its
carrying value
on the
balance sheet
. This adjustment helps reflect the
true value
of the asset, impacting the company's
financial statements
and potentially affecting
investor perception
and
tax liabilities
.
Relevant Degrees
Business Administration 60%
Accounting 30%
Economic Planning and Policy 10%
Generate Assignment Link
Lessons
Concepts
Suggested Topics
Foundational Courses
Learning Plan
Log in to see lessons
Log In
Sign up
3