Property, Plant, and Equipment (PP&E)

This video explains what property, plant, and equipment means in the context of financial accounting. It also discusses how PP&E is recorded at cost and presented net of accumulated depreciation.
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[@MyFinancialFocus]

Depreciation is my favorite accounting concept. Interesting to see how it can be recorded creatively to increase or decrease presented profits and tax liabilities.

[@hazemkamalmaz8772]

Dear sir , How do you deal with tools and equipments that have low values but have a long life? Do we deal with them as assets or expenses? i can not thank you enough for your precious lectures and amazing channel. best Regards. Hazem

[@nicardopinnock6389]

Please make a video on revaluation surplus

[@blaisekasongo1775]

Terrific!!

[@Edspira]

Thank you!

[@wildroseliving8183]

do you have any videos on Derecognition rubric?

[@homamoaddel3599]

I thought land does not depreciate.

[@nayefalkhatib3370]

true

[@hanikaprajapati16]

Off course land only appreciate

[@MyFinancialFocus]

Land is the only one that doesn’t depreciate. The financial statements point this out in the annual reports of different businesses.

[@Raincloudblue]

wait so what's teh total assets

[@zukosobuza783]

What the fuck is thing about

[@zukosobuza783]

It’s so vague and stupid

[@matthewpromise5327]

then dont watch it dumbass

[@maxmahan3291]

@@matthewpromise5327 I think he meant PP+E, not the video lol