How is property, plant, and equipment measured on the balance sheet under IFRS? How does this differ

Question:

How is property, plant, and equipment measured on the under IFRS? How does this differ from the way property, plant, and equipment is measured on the under U.S. GAAP?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...