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Property plant and equipment are also called fixed assets, they provide benefits from their use in the production of goods and services. PPE are called "Non-Current Assets. This video covers the "Initial Measurement" and other capitalization issues for land and building, leasehold improvements, donated assets, Machinery and equipment, Land improvements, and miscellaneous items such as tools, patterns, and dies. if you want to learn accounting for Capital or Revenue Expenditures, Please check the below link • Subsequent Expenditure | Capital vs Revenu... if you want to learn the Component and Group Depreciation Method, Please check the below link • Component Depreciation Method | Group and ... if you want to learn Depreciation under the Straight-line Method and Declining Method or Double Declining Method, please check the below link • Straight Line Depreciation Method | Declin... If you want to learn Sum of Years Digit Method of Depreciation and Units of Output Method of Depreciation, Please click on the below link • Sum of the Year's Digit Depreciation Metho... If you want to learn about changes in Depreciation Estimates, Please check the below link • Depreciation | Revision of Estimates | Cha... If you want to watch the video for changes in depreciation method, Please check the below link • Change in Depreciation Methods | From Stra... If you want to know about Depletion for Natural Resource, Please click on the below link • Accounting For Depletion of Natural Resour... If you want to know about Revaluation Model, Please click on the below link • IAS 16 | Revaluation Model | Revaluation G... If you want to watch the video for Impairment Losses under US GAAP for PPE, Please click on the below link • Impairment of Long Lived Asset | Impairmen... #CMA #CPA #FAR #PPE #PROPERTYPLANTANDEQUIPMENTS #PPEINITIALMEASUREMENT #FINANCIALREPORTING #TANGIBLEASSET PPE, Property Plant and Equipment, Initial Measurement, PPE Initial Measurement, Donated Assets, Depreciable Assets, Asset with Indefinite Life, Group of Assets Purchased with Lum Sum Amount, Leasehold Improvements, Land Capitalized Costs, Capitalized Cost of Building, Capitalized Cost of Leasehold Improvements, Capitalized Costs of Plant and Machinery, Accounting for Non-Current Assets, Accounting for Fixed Assets, IAS 16 Property Plant and Equipment, IAS 16