Use this policy to establish principles and procedures for determining the costs to be capitalized and the amortization period for your company’s plant, property and equipment. The PPE policy is a great tool to help you get through your “big four” audit. It can be customized to cover: your company capitalization guidance, responsibilities within your company, asset records and accounting, and support your presentation style in your financial statements.
This policy is designed to be accompanied by your property, plant and equipment depreciation schedules. If you are looking to improve your PPE schedule, check out our PPE Depreciation template!
Want a bit more guidance before purchasing this policy? We’ve got a blog entry that covers an aspect of this here.
Simply edit the policy and customize the appropriate sections to prepare a PPE policy for your company!
Download this policy for only $14.99 CAD
Features include:
- user-friendly, step-by-step instructions
- policy overview with reference to accounting provisions for Canadian and US GAAP
- guidance for capitalization rules, department responsibilities and acquisition procedures
- detailed procedures for fixed asset records and accounting, including amortization, financial statement presentation and disposals
Current version released September 30, 2008
Requires Adobe Reader. Designed for use with any word processor, including Microsoft Word, Google Docs and OpenOffice Writer
Please ensure you read our Terms and Conditions before you make your purchase.
Click here for a complete list of available downloads.
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[...] depreciation entry; as well as being an audit worthy working paper and supporting schedule to your property, plant and equipment company policy. Simply add the fixed assets purchased, select the time period and book the appropriate journal [...]