Property, plant and equipment

In this section, we’ll explain the accounting  of property, plant and equipment (also known as fixed assets). By the end of this section, you’ll be able to develop sound concepts related to initial recognition, subsequent measurement, depreciation and impairment of property, plant and equipment.

Following chapters are included in this section:

  1. Introduction to property, plant and equipment
  2. Cost model and revaluation model for PPE
  3. Estimates in accounting of PPE
  4. Depreciation
  5. Accelerated depreciation
  6. Gains and losses on disposal of PPE
  7. Impairment of property, plant and equipment