Furniture, fixtures, and equipment (or FF&E) (sometimes Furniture, furnishings, and equipment) is an
accounting
Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "languag ...
term used in valuing, selling, or
liquidating a company or a building.
FF&E are movable
furniture
Furniture refers to movable objects intended to support various human activities such as seating (e.g., stools, chairs, and sofas), eating (tables), storing items, eating and/or working with an item, and sleeping (e.g., beds and hammocks). Fu ...
,
fixtures, or other equipment that have no permanent connection to the structure of a building or utilities.
These items
depreciate substantially but are important costs to consider when valuing a company, especially in liquidation.
Examples of FF&E include desks, chairs, computers, electronic equipment, tables, bookcases, and partitions.
Sometimes the term FF&A is used (furniture, fixtures, and accessories).
References
External links
*
Furniture, fixtures and equipment' on ''Investopedia''
Valuation (finance)
Asset
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