Measurement at recognition of PPE
ID:CVMPR
Video Overview
The international accounting statement that deals with property, plant and equipment (called PPE) is IAS16. PPE refers to all tangible or physical assets that are held for the purpose of being used in the production or supply of goods or services, or held in order to be rented to others, or held in order to be used for administrative purposes. In this tutorial we will look at two main areas, recognition criteria and measurement at recognition. Recognition criteria for PPE determines when we record PPE as an asset in the accounting records. Measurement at recognition involves calculating the monetary value that the asset must be debited with when it is recognised in the accounting records.
Member Area
UNREGISTERED? - CHOOSE A PLAYLIST TICKET
Please note
Internet access is required to view this product. You will be required to stream the online videos, which means you will incur data charges. Charges fluctuate depending on the length and complexity of the video.
These subscriptions will auto renew. E-mails will be sent to you 10 days before as a warning that it's about to auto renew. If you wish to cancel a subscription, you can visit 'Member Area - My Tickets and Subscriptions', where you can exercise the option to cancel.