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How should Property , Plant and Equipment be recorded and reported in the financial statements?

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Question added by Enos Munyaradzi Dzondo , Accounting Clerk , Msasa Meats Private Ltd
Date Posted: 2014/07/28
Kandasamy Thirumalai muthu kumara swamy
by Kandasamy Thirumalai muthu kumara swamy , Panel cum Field operator , SOUTHERN PETROCHEMICALS CORPORATION LTD

Plant equipments need runnig hours monitoring and check about history of equipments durbility and function,nearly specify equipments going to repair and no need maintenance,so for ready for stanby.

Nilesh Sontakke
by Nilesh Sontakke , Deputy Manager Marketing , Kirloskar Oil Engines Limited

Keeping the proper record of plant equipments & maintaing the availability of spares required for plant euipment to keep record for ordering the spres & information to planning as well as finance.

Abdul Raheem Mohamed Rifaadh
by Abdul Raheem Mohamed Rifaadh , Steel Division Manager , HBK Steel fabrication

Fixed asset register  and dipriciation

Muhammad Zeeshan Khan
by Muhammad Zeeshan Khan , Manager Documentation & Regulatory Affairs , Sante Private Limited

These are recorded as fixed assets

Deleted user
by Deleted user

At Asset register we can register all property of equipment including child assets and thier components too. We can register variuous property like make model number, registration number, leased or owned, current location, trasfer in/out location along with asset values like purcahse value, as per books depriciated vaule, Current retruned down value and plnat current value as per O & Mm team/ third party analysist.

hossam abdulaziz
by hossam abdulaziz , مدخل بيانات , قنديل للصناعه والتجارة

Using Alpha company specialized program in assets and equipment data