PP&E : Fixtures & fittings or Movables and fixtures

Topics related to universal accounting principles and best practices, local GAAP, audit, laws and regulations affecting financial reporting, and other financial reporting topics.
This is also the appropriate forum for beginners to ask any questions, even if they pertain to IFRS.
Post Reply
Lasa1
Posts: 66
Joined: 07 Oct 2020, 11:29

PP&E : Fixtures & fittings or Movables and fixtures

Post by Lasa1 »

Hello,

We are defining the fixed assets groups and wanted to check if " Movables and fixtures" is a general used term in accounting or the right one is "Fixtures and fittings".

We are not English native ..obviously.

Thanks!
Top
JRSB
Trusted Expert
Posts: 1333
Joined: 01 Mar 2020, 01:10
Location: UK

Re: PP&E : Fixtures & fittings or Movables and fixtures

Post by JRSB »

Classes of fixed assets? Yes Fixtures and Fittings is a traditional class, alongside Plant and Machinery, Leasehold Improvements, Motor Vehicles..
Top
Post Reply

Return to “General accounting and financial reporting discussion”