Property, plant and equipment - accounting and valuation issues

Debbie Paterson

06 March 2019


This briefing has been issued as a draft for comment and consideration ahead of the financial year end. If you have any comments, please contact Debbie Paterson – debbie.paterson@hfma.org.uk

It will be updated for comments received and the next draft will include more information on:

• capitalisation of building projects

• capitalisation of subsequent expenditure

• accounting for the costs incurred during an asset disposal

• accounting for depreciation including residual values, useful life, componentisation, accelerated depreciation

• impairments & reversals of impairments – accounting treatment and budgeting treatment

• disclosures, particularly in relation to assumptions and judgements.

HFMA
Property, plant and equipment - accounting and valuation issues

March 2019 (PDF 300KB)