the book Intermediate Accounting review ( acquisition and disposition of property, plant, and equipment) IFRS Edition

property , plant, and equipment is defined as tangiable assets that are held for use in production or supply of goods and services, for rentals to others, or for administrative porposes; they are expected to be used during more than one period.

  • ” used in operations” and not for resale
  • long-term in nature and usually depreciated
  • possess physical substance

include : land, building structures (offices, factories, warehouses), and equipment (machinery, furniture, tools).

companies value property, plant, and equipment in subsequent periods using either the

  • cost method or
  • fair value (revaluation) method



Tinggalkan Balasan

Isikan data di bawah atau klik salah satu ikon untuk log in:


You are commenting using your account. Logout /  Ubah )

Foto Google

You are commenting using your Google account. Logout /  Ubah )

Gambar Twitter

You are commenting using your Twitter account. Logout /  Ubah )

Foto Facebook

You are commenting using your Facebook account. Logout /  Ubah )

Connecting to %s