Property, plant and equipment: Difference between revisions
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* [[Impairment]] | * [[Impairment]] | ||
* [[Non-current]] | * [[Non-current]] | ||
* [[Plant]] | |||
* [[PPE]] | * [[PPE]] | ||
* [[Useful economic life]] | * [[Useful economic life]] | ||
Revision as of 12:50, 26 March 2020
Financial reporting - IAS 16.
(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.
