Semi expendable PPE are intangible items which meet the definition and recognition criteria for PPE but below the capitalization threshhold of ₱50,000.00
- Low value items – cost of each item is ₱5,000 and below
- High value items – cost of each item is more than ₱5,000 but less than ₱50,000
(Reference: Item 3 of the COA Circular No.2022-004 dated May 31, 2022)
Prior to the effectivity of the Circular, semi-expendable PPE are those tangible assets below the capitalization threshhold of ₱15,000.00.