As per "IAS 16 Property Plant and Equipment" companies can choose "Cost Model" or "Revaluation Model" for subsequent measurement of PPE. If the "Revaluation Model" has selected, assets must be revalued regularly, and it should be applied to all assets within that class.
If you want to watch the video for PPE Initial Measurement, Please click on the below link.
• Property Plant and Equipment | Initial Mea...
If you want to watch the video for capital and revenue expenditures, Please click on the below link.
• Subsequent Expenditure | Capital vs Revenu...
if you want to learn the Component and Group Depreciation Method, Please check the below link
• Component Depreciation Method | Group and ...
If you want to learn Sum of Years Digit Method of Depreciation and Units of Output Method of Depreciation, Please click on the below link
• Sum of the Year's Digit Depreciation Metho...
If you want to learn the Straight-line method and the Declining or double declining depreciation method, Please check the below link.
• Straight Line Depreciation Method | Declin...
If you want to watch the video for changes in accounting estimates (changes in residual value or useful life of asset), Please check the below link.
• Depreciation | Revision of Estimates | Cha...
If you want to know about Depletion for Natural Resource, Please click on the below link
• Accounting For Depletion of Natural Resour...
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