Water21 - April 2009 (11.2) pp60-61 - Edwin Blaauwgeers - Software supports automated IFRS asset valuation

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Water21 April 2009 (Issue 11.2) pp60-61 © IWA Publishing

WATER UTILITY 21

Software supports automated IFRS asset valuation

By Edwin Blaauwgeers

Dutch water utility Vitens started working to International Financial Reporting Standards in 2006. Now it is seeking to automate an important aspect of these guidelines - calculation of the net present value of its water supply network. Edwin Blaauwgeers describes the task, and the role of the network software it is evaluation.

Keywords: asset management; software

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ISSN Print: 1561-9508
ISSN Online: 2219-1534
Published by IWA Publishing