Property, plant and equipment: Difference between revisions

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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]]
* [[Capital expenditure]]
* [[Capital expenditure]]
* [[Capitalisation]]
* [[Capitalisation]]

Revision as of 10:31, 28 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.


See also