Highest and best use is the most profitable and legally permissible use of an asset, considering its physical possibilities, legal restrictions, and financial feasibility.
In simple words:
Use the asset in the way that creates the highest value.
ដើម្បីរក Fair Value នៃ non-financial asset តាម IFRS 13 គេប្រើ Highest and best us ជាមូលដ្ធាន។
សន្មតថា Property, Plant and Equipment ( IAS 16) បើប្រាស់ Revaluation Model ដូច្នេះលោកអ្នកត្រូវរក Fair Value របស់វាអោយឃើញ របៀបរកលោកអ្នកអាចប្រើ Highest and best use
Example — Land
ABC owns a piece of land in a busy city area.
The land could be used for:
-a house → value = $200,000
-a warehouse → value = $300,000
-a 5-story office building → value = $600,000
-a shopping center → value = $800,000
If the shopping center is legally permitted, physically possible, and financially feasible:
Highest and best use = Shopping center
Because it produces the highest value of $800,000.
ការសន្និដ្ធាន៖ តម្លៃកើតចេញពីទិញជាអ្នកបង្កើតតម្លៃឬអោយតម្លៃ