What is PP&E on balance sheet? And how to say those terms in Chinese?

You’ll find PP&E on a company’s balance sheet as non-current assets, and they are Property, plant, and equipment,which are long-term assets vital to business operations and not easily converted into cash.

PP&E (Property, Plant and Equipment)
Property, Plant, and Equipment (PP&E) is a non-current, tangible capital asset shown on the balance sheet of a business and is used to generate revenues and profits. PP&E plays a key part in the financial planning and analysis of a company’s operations and future expenditures, especially with regards to capital expenditures.

Accounting and Auditing Requirements in Taiwan follow International Financial Reporting Standards (IFRS); and Chinese Accounting Standards in mainland China have few differences from IFRS. Even so, same terms are used to denote same concepts in English.

See the original posts on Facebook, Reddit, Twitter, and Telegram.

Please Login to Comment.