Asset Accounting (FI-AA)

In inflation accounting, a sum of money that accounts for a change in the price of an asset.

Example

Assume you have an asset worth UNI 12,000, that you revaluate to take into account the effects of inflation. The inflation rate is 10%, which means a price increase of UNI 1,200, so that the current cost of the asset is now UNI 12,000 + UNI 1,200 = UNI 13,200.

The revaluation amount is UNI 1,200.