PP&E

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Definitions

Plant and Equipment (See Property, Plant, and Equipment)

Plant and Equipment Property, Plant, and Equipment PP&E Long-Term Assets Fixed Assets Manufacturing Operations

Plant and equipment, often referenced as property, plant, and equipment (PP&E), are long-term assets essential to manufacturing, production, and operations. It includes real estate, machinery, vehicles, and significant fixtures integral to the business.

Definitions

Property, Plant, and Equipment (PP&E)

PP&E Fixed Assets Tangible Assets Depreciation Revaluation Financial Reporting Current Assets Historical Cost Convention

Property, Plant, and Equipment (PP&E) are tangible fixed assets used in operating a business. This category includes land, buildings, machinery, fixtures, and other types of equipment that are expected to be used over multiple accounting periods.