资源描述：
《会计英语11 week 11 PPE Acquisition and Disposition.ppt》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。
1、Property,Plant,andEquipment: AcquisitionandDispositionProperty,Plant,andEquipment: CostAllocationandImpairmentAcquisitionandDispositionofProperty,Plant,andEquipmentAcquisitionAcquisitioncosts:Land,buildings,equipmentSelf-constructedassetsInterestcostsObservationsValuationCostSubsequenttoAc
2、quisitionDispositionsCashdiscountsDeferredcontractsLump-sumpurchasesStockissuanceNonmonetaryexchangesContributionsOthervaluationmethodsSaleInvoluntaryconversionMiscellaneousproblemsAdditionsImprovementsandreplacementsRearrangementandreinstallationRepairsSummary“Usedinoperations”andnotforre
3、sale.Long-terminnatureandusuallydepreciated.Possessphysicalsubstance.Property,plant,andequipmentincludesland,buildings,andequipment(machinery,furniture,tools).Majorcharacteristicsinclude:Property,Plant,andEquipmentLO1Describeproperty,plant,andequipment.Atacquisition,costreflectsfairvalue.H
4、istoricalcostisreliable.Companiesshouldnotanticipategainsandlossesbutshouldrecognizegainsandlossesonlywhentheassetissold.ValuedatHistoricalCost,reasonsinclude:AcquisitionandValuationofPP&ELO2Identifythecoststoincludeininitialvaluationofproperty,plant,andequipment.Includesallcoststoacquirel
5、andandreadyitforuse.Coststypicallyinclude:CostofLandAcquisitionandValuationofPP&ELO2Identifythecoststoincludeininitialvaluationofproperty,plant,andequipment.thepurchaseprice;closingcosts,suchastitletotheland,attorney’sfees,andrecordingfees;costsofgrading,filling,draining,andclearing;assump
6、tionofanyliens,mortgages,orencumbrancesontheproperty;andAdditionallandimprovementsthathaveanindefinitelife.Includesallcostsrelateddirectlytoacquisitionorconstruction.Coststypicallyinclude:CostofBuildingsAcquisitionandValuationofPP&ELO2Identifythecoststoincludeininitialvaluationofproperty,p
7、lant,andequipment.materials,labor,andoverheadcostsincurredduringconstructionandprofessionalfeesandbuildingpermits.Includeallcostsincurredinacquiringtheequipmentandpreparingitforuse.Coststypicallyinclude:CostofEquipmentAcquisitionandValuationofPP&ELO2Identifyth
