Kế toán quốc tế 1. Chương 3, Plant, Property and Equipment (PPE) / Phạm Minh Vương

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Plant, Property

and Equipment

(PPE)

IAS 16

Objectives

the definition of “Property, plant and

equipment” Define and explain

Understand and apply the concept of “initial measurement”

Describe and apply two models of “subsequent measurement”

Distinguish depreciation methods

List out disclosure requirements

Content

Scope

Definitions

Recognition

PPE cost

PPE measurement

Depreciation methods

Derecognition

Disclosure requirements

Scope of IAS 16

• Applied in accounting for PPE, except when another IAS

requires/permits different treatments.

• Does not apply to:

• PPE held for sale (IFRS 5)

• Investment property (IAS 40)

• Biological assets (IAS 41)

• Mineral rights, the exploration for and extraction of

minerals, oil, natural gas and similar non￾regenerative resources.

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