Difference between revisions of "Property, plant and equipment"
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(Create page. Source: IFRS webpage https://www.ifrs.org/issued-standards/list-of-standards/ias-16-property-plant-and-equipment/)
Revision as of 14:41, 25 March 2020
Financial reporting - IAS 16.
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.