- published: 22 Oct 2010
- views: 57629
In accounting, book value or carrying value is the value of an asset according to its balance sheet account balance. For assets, the value is based on the original cost of the asset less any depreciation, amortization or Impairment costs made against the asset. Traditionally, a company's book value is its total assets minus intangible assets and liabilities. However, in practice, depending on the source of the calculation, book value may variably include goodwill, intangible assets, or both. When intangible assets and goodwill are explicitly excluded, the metric is often specified to be "tangible book value".
In the United Kingdom, the term net asset value may refer to the book value of a company.
An Asset's initial book value is its actual cash value or its acquisition cost. Cash assets are recorded or "booked" at actual cash value. Assets such as buildings, land and equipment are valued based on their acquisition cost, which includes the actual cash cost of the asset plus certain costs tied to the purchase of the asset, such as broker fees. Not all purchased items are recorded as assets; incidental supplies are recorded as expenses. Some assets might be recorded as current expenses for tax purposes. An example of this is assets purchased and expensed under Section 179 of the US tax code.[citation needed]
Mo chara is mo lao thu!
(My friend and my calf)
Is aisling tri nallaibh
(A vision in dream)
Do deineadh arir dom
(Was revealed to me last night)
IgCorcaigh go danach
(In Cork, a late hour)
Ar leaba im aonar
(In my solitary bed)
I remember you back in the GPO with Connolly and Clarke
Laughin' with McDermott through the bullets and the
sparks
Always with the smart remark, your eyes blazin' and
blue
But when we needed confidence we always turned to you
And when they shot our leaders up against Kilmainham
wall
You were there beside us in that awful Easter dawn
Hey, big fellah..........where the hell are you now
When we need you the most
Hey, big fellah..........c'mon
Tabhair dom do lamh
(Give me your hand)
Back on the streets of Dublin when we fought the black
and tans
You were there beside us, a towerin' mighty man
And God help the informer or the hated English spy
By Jaysus, Mick, you'd crucify them without the
blinkin' of an eye
Still you had a heart as soft as the early mornin' dew
Every widow, whore and orphan could always turn to you
We beat them in the cities and we whipped them in the
streets
And the world hailed Michael Collins, our commander and
our chief
And they sent you off to London to negotiate a deal
And to gain us a republic, united, boys, and real
But the women and the drink, Mick, they must have got
to you
'Cause you came back with a country divided up in two
We had to turn against you, Mick, there was nothin' we
could do
'Cause we couldn't betray the republic like Arthur
Griffith and you
We fought against each other, two brothers steeped in
blood
But I never doubted that your heart was broken in the
flood
And though we had to shoot you down in golden Bal na
Blath