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Property, Plant and Equipment

Abstract

The term “property, plant and equipment” refers to non-current tangible assets which are used in the process of generating revenues. The term “fixed assets” is also used to describe assets used for production purposes. Fixed assets also include long-lived intangible assets, for example patents, trademarks and software, but these are long-term, generally identifiable assets that do not have physical substance, or whose value is not fully indicated by their physical existence.

Keywords

Balance Sheet International Financial Reporting Standard Replacement Cost Tangible Asset Lease Contract 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Betriebswirtschaftlicher Verlag Dr.Th. Gabler | GWV Fachverlage GmbH, Wiesbaden 2008

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