PP&E is the term used to refer to tangible long-term assets used in the day-to-day operations of the University. PP&E represents the land and buildings where the Rochester Institute of Technology’s ...

In the area of fixed assets and the resultant depreciation there are some major differences between the GAAP rules codified in ASC Topic 360 and the IFRS rules in IAS 16. Processing Content In GAAP ...

Property, plant and equipment make up a major part of many companies' assets. You'll find PP&E on your company's balance sheet as non-current assets. This asset category includes land, buildings, ...

All equipment acquired or controlled by the University will be subject to the General Property Accounting Procedures. In addition to the General Property Accounting Procedures, the Property Accounting ...

Discover the key differences between fixed and current assets, including their roles in business, how they're recorded, and why they matter for financial strategy.

Equipment screening reports are available upon request by contacting Property Accounting by email [email protected]. Please include details on what you are ordering, how much it cost, and the ...

Computers, office chairs and factories all wear down and lose value over time. Depreciation is how accountants factor that fact into their number-crunching. A depreciated five-year-old computer isn't ...