Future Economic Benefit

The future economic benefit embodied in an asset is the potential to contribute, directly or indirectly, to the flow of cash and cash equivalents to the entity or with respect of not-for-profit entities, whether in the public or private sector, the future economic benefits are also used to provide goods and services in accordance with the entities' objectives.


It is a synonym for service potential.


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External Links & References

  1. APV Future Economic Benefit Discussion Paper
  2. Google Search
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