Not an inexhaustible resource: Valuation and depreciation of library collections in the Queensland department of education

Abstract

Anecdotal evidence suggests that the valuation of library collections is not an issue which is being addressed by library managers, despite the growing popularity of accrual accounting in publicly funded institutions. The implications of asset valuation are discussed. The experience of developing and implementing a methodology for valuing the numerous library collections of the Queensland Department of Education is described. © The Australian Library Journal. All rights reserved.