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Property Plant and Equipment Valuation

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Added on  2023-06-05

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This presentation discusses the importance of valuing physical and tangible assets, specifically Property, Plant and Equipment (PPE), in order to report fair values to stakeholders. It analyzes the complexities and key issues involved in accounting for PPE, provides a detailed explanation of the PPE disclosures made by the company, and critically analyzes to what extent the latest annual report of the company meets the disclosure requirements of accounting for PPE as per AASB 116. The presentation concludes that the company has an efficient valuation and reporting system and recommends that the company follows the same in the future valuation and reporting activities.

Property Plant and Equipment Valuation

   Added on 2023-06-05

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Property Plant and
Equipment Valuation
Property Plant and Equipment Valuation_1
Introduction
Valuation of physical and tangible asset is
very crucial for a company to conduct in
order to fairly report these value to the
stakeholder showing the financial position of
the firm. Property, Plant and Equipment is
also tangibles asset valuation of which is very
necessary in order to report fair values of the
following the financial reports of the firm.
Property Plant and Equipment Valuation_2
Introduction
Current asset are very crucial to value at fair
measurement
It can be said that valuation PPE is to done
under AASB 116
The Disclosures are to be made in
accordance to IFRS as Woolworths the
selected company follows IFRS guidelines
Property Plant and Equipment Valuation_3

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