Property, plant and equipment / Dominic L. Daher, MAcc, JD, LLM in Taxation, San Francisco, CA and Stacy E. Daher, MAcc, CPA, University of San Francisco, San Francisco, CA.

Arlington, VA : Tax Management, Inc., [2016]-

1 online resource.

Updated irregularly

Accounting policy & practice series ; 5132.

" ... discusses the U.S. GAAP and IFRS rules on how to account for property, plant, and equipment (PP&E). It details the rules for what items to capitalize when acquiring or constructing PP&E. Once PP&E is acquired or constructed, it typically is classified as "held and used." However, when an entity plans to sell or abandon PP&E, it must classify the PP&E as "held for sale" if certain criteria are met. PP&E that is held and used is depreciated and, if circumstances warrant, is tested for impairment. This Portfolio explains and illustrates the depreciation and impairment testing rules. It also explains and illustrates how PP&E is presented in financial statements and how it is common factored into financial analysis by the investment community."

Includes bibliographical references.

Mode of access: World Wide Web.

Description based on contents viewed on August 11, 2017; title from description page.

www

BNA Premier package.

English

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