Impairment of Property, Plant and Equipment (PPE) - Management Assignment Help

Assignment Task

Assignment Question: Use the latest annual report of selected companies below to answer the question.
Compare and comment on the methods used for valuation, depreciation and impairment of property, plant and equipment (PPE) in the latest annual reports of Rio Tinto and BHP Billiton. The discussion should include the application of AASBs 116 and 136 with respect to the relevant categories of PPE
To ensure better understanding and comparison, you would need to conduct extended personal research and self-directed learning to complete this assignment. Read relevant 'notes to financial statements in the annual report, financial statement section. Contemplating the following questions would help; what information in AASB 116 and 136 standards have we discussed in the first four weeks, which could be compared in selected companies? What method of depreciation/impairment have both the companies used? Whether the valuation methods, depreciation and impairment of property, plant and equipment are comparable from users' point of view?

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