Portuguese Public Accounting Standard Number 5- Tanglble Fixed Assets the Standard And Its Application

Abstract

The new Accounting Standards in Portugal for the Public Sector, were create in a line of the IAS – International Accounting Standards.This work is about the study of the Standard 5 about the Tangible Fixed Assets. We intend to present the main points, about recognition, measure and publish of facts related with the Standard.We finish with the presentation of some practical examples, intending to show the main application of the Standard.