Fixed Asset Database Controls and Reconciliation

Last reviewed: July 2026. A fixed asset database is the operational record behind property, plant and equipment balances. It should show w...

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Fixed Asset Register: Fields, Controls and Reconciliation

Last reviewed: July 2026. A fixed asset register is a detailed record of property, plant and equipment. IAS 16 does not prescribe a specif...

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Fixed Asset Valuation Bases under IAS 16 and IFRS 13

Last reviewed: July 2026. Fixed Asset Valuation Bases under IAS 16 and IFRS 13 modernises the old property-valuation summary by separatin...

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Fixed Asset Revaluation under IAS 16: Entries and Example

Last reviewed: July 2026. IAS 16 permits an entity to choose the cost model or revaluation model as its accounting policy for a class of p...

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Tangible Fixed Assets under IAS 16: Recognition Guide

Last reviewed: July 2026. Tangible Fixed Assets under IAS 16: Recognition Guide provides a practical framework for deciding when property...

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IAS 16 Property, Plant and Equipment Disclosures Checklist

Last reviewed: July 2026. IAS 16 disclosures explain how property, plant and equipment are measured, depreciated and changed during the re...

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Revaluation Surplus under IAS 16: Entries and Transfers

Last reviewed: July 2026. Revaluation surplus is an equity balance arising when property, plant and equipment is measured under the IAS 16...

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Fixed Asset Valuation under IAS 16 and IAS 36

Last reviewed: July 2026. Fixed asset valuation affects depreciation, profit, asset values and key ratios. A sound process begins with the...

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Fixed Asset Disposal Entries: Gain, Loss and Example

Last reviewed: July 2026. This guide focuses on the journal entries and ledger sequence for fixed asset disposals . It shows how to remov...

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Fixed Asset Disposal: Entries, Gain or Loss and IAS 16

Last reviewed: July 2026. A fixed asset disposal removes an item of property, plant and equipment (PPE) from the accounts when it is sol...

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Accumulated Depreciation: Entries and IAS 16 Guide

Last reviewed: July 2026. Accumulated depreciation is the cumulative depreciation recognised on an asset from the date it became availab...

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