Section 3061 - Property, plant and equipment
Effective date: |
January 1, 2011 except for subsequent amendments |
Published by the AcSB: |
December 2009 |
Overview
This Section establishes standards for the recognition, measurement, presentation and disclosure of property, plant and equipment (tangible capital assets). This Section also applies to property, plant and equipment recognized under Section 3065 Leases.
History of Section 3061
Date |
Development |
Comments |
December 2009 |
Part II of the CPA Canada Handbook issued |
Effective for fiscal years beginning on or after January 1, 2011. |
October 2015 |
Paragraphs 3061.25-.26 have been amended to remove disclosing "an item of" property, plant and equipment from those requirements. Effective for fiscal years beginning on or after January 1, 2016. Earlier application is permitted. |
Note: The above summary does not include details of consequential amendments made as the result of other projects.
Private Enterprise Advisory Committee Meeting Notes
- September 16, 2014 - Annual Improvements 2015: Disclosure of Amortization of Property, Plant and Equipment