IAS 16 Property, Plant and Equipment
ContentNon-depreciable fixed assetsPayment methodsTangible and intangible assets explainedDeloitte e-learning — IAS 16Part-time Subcontractor Required Depreciation accounting helps you figure out how much value your assets lost during the year. That number needs to be listed on your profit and loss statement, and subtracted from your revenue when calculating profit. If you don’t account for depreciation,