Ind As 16 Property Plant And Equipment Ind As 16 Vs As 10
plant and equipment are the recognition of the assets, the determination of their carrying amounts and the depreciation charges and impairment losses to be recognised in relation to them. Property, plant and equipment are tangible items that: are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and are expected to be used during more than one The cost of an item of property, plant and equipment should be recognised as an asset if, and only if:...