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Fixed Assets or PPE

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student
430 Points Posted on 28 May 2018
In FY 2017-18 Balance sheet should we show as the name " Fixed Assets" or " PPE" head ?
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On 28 May 2018 at 15:14 Report
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Chartered Accountant
12739 Points Posted on 28 May 2018

fixed assets 

40 Reply
On 28 May 2018 at 15:40
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student
127 Points Posted on 02 June 2018
no its ppe as per as as well as as per ind as
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On 02 June 2018 at 14:40
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student
430 Points Posted on 03 June 2018
@ sahil if u say that its PPE, what should consider 'software' ? earlier it is intagible fixed assed. but as per present AS 10 intangible assets were not PPE..
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On 03 June 2018 at 08:41
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student
127 Points Posted on 03 June 2018
i wii say it as intangible assets as "ppe" word is basically used for tangible assets
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On 03 June 2018 at 08:48


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