Property, plant and equipment: Difference between revisions

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''Financial reporting - IAS 16''.
''Financial reporting - balance sheet - assets''.


(PPE).
(PPE).


IAS 16 defines property, plant and equipment as:
IAS 16 defines property, plant and equipment as:
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*Held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and
*Held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and
*Expected to be used during more than one financial reporting period.
*Expected to be used during more than one financial reporting period.
Property, plant and equipment includes bearer plants related to agricultural activity.




== See also ==
== See also ==
* [[Bearer plant]]
* [[Balance sheet]]
* [[Capital expenditure]]
* [[Capital expenditure]]
* [[Capitalisation]]
* [[Capitalisation]]
* [[Capitalise]]
* [[Capitalise]]
* [[Current assets]]
* [[Current assets]]
* [[Depreciation]]
* [[Financial reporting]]
* [[Fixed assets]]
* [[Fixed assets]]
* [[FRS 102]]
* [[FRS 102]]
* [[IAS 16]]
* [[IAS 16]] (Tangible assets - Property, plant and equipment)
* [[IAS 38]]  (Intangible assets)
* [[Impairment]]
* [[Impairment]]
* [[Intangible assets]]
* [[International Financial Reporting Standards]]  (IFRS)
* [[Non-current]]
* [[Non-current]]
* [[Plant]]
* [[Plant]]
* [[PPE]]
* [[PPE]]
* [[Tangible asset]]
* [[Useful economic life]]
* [[Useful economic life]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]

Latest revision as of 05:28, 10 August 2024

Financial reporting - balance sheet - assets.

(PPE).


IAS 16 defines property, plant and equipment as:

  • Tangible items
  • Held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and
  • Expected to be used during more than one financial reporting period.


See also