Specification

of FF&E

Valuing, selling or liquidating a company or building, where FF & E are classed as movable furniture, fixtures or other equipment

Specification of FF&E

of FF&E

All buildings include fixtures and fittings. Employer’s requirements, drawings and specifications, contracts and health and safety manuals refer to them. However, the term FF & E (furniture, fixtures and equipment) is frequently used as an alternative.

In accountancy, the term FF & E is preferred. It is used in valuing, selling or liquidating a company or building, where FF & E are classed as movable furniture, fixtures or other equipment that have no permanent connection to the structure of a building or utilities. As assets they depreciate differently from buildings, and are therefore considered separately. In this case, examples of FF & E include desks, chairs, computers, electronic equipment, tables, bookcases and partitions.