What is the definition of Property,plant and equipment according to IAS-16?

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Posted by:
Irfan Hamid ACCA
08-November-2013

IAS

Question added by Sufiyan Raza , Senior Document Controller , Olsen & Partners Interiors LLC
Date Posted: 2015/12/10

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by Deleted user

Hello Sufiyan, According to IAS, Property,Plant & Equipment are tangible assets that are1) Expected to be used more than one period2)Held for use in the production or supply of goods or services,rental to others or for administrative purposes. Hope you understood.

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