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FF&E meaning in Accounts and Finance ? |
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Answer» What is Furniture, Fixtures and Equipment mean? Furniture, fixtures, and equipment (or FF&E) (sometimes Furniture, furnishings, and equipment) is an accounting term used in valuing, selling, or liquidating a company or a building. FF&E are movable furniture, 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). reference
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