Model kosztu a model przeszacowania do wyceny rzeczowego majątku trwałego – wybrane dylematy teoretyczne i praktyczne
The cost model and the revaluation model in measurement of property, plant and equipment – selected theoretical and practical issues

Summary/Abstract: This article discusses the issue of property, plant and equipment measurement as prescribed in the International Financial Reporting Standards, with a particular focus on the theoretical and practical validity of using the cost model. It reviews the advantages and disadvantages of this approach (and the alternative revaluation model) in the context of the objectives of today's financial reporting. The author concludes that the application of the cost model in property, plant and equipment measurement results in information that is useful in making economic decisions on the basis of financial statements. The insights offered by this analysis might be found useful by companies applying IFRS (in choosing the method of measurement) as well as by persons and institutions involved in international reporting regulation (relating to accounting measurement bases).

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