IFRS: Property, Plant & Equipment (IAS 16)

Financial accounting & reporting

Course

IFRS: Property, Plant & Equipment (IAS 16)

Instructor: AICPA Professional Development Staff

  • Format

    Course - Online

  • Level

    Basic

  • Duration

    1.5 hours

Learn about the guidance in IAS 16, Property, Plant and Equipment, on recognition and measurement of property, plant and equipment.

Learning outcomes

  • Learning outcomes: Determine whether a long-lived asset should be accounted for as property, plant and equipment under IAS 16
  • Determine the difference between the cost method and the revaluation method for measuring property plant and equipment subsequent to initial recognition
  • Identify the information needed to calculate depreciation expense in accordance with IAS 16

£39.00 (CIMA members only)

£49.00

VAT calculated on checkout

Product information

Overview

The purpose of this course is to familiarise you with the guidance in IAS 16, Property, Plant and Equipment, on recognition and measurement of property, plant and equipment, including recognition and measurement of depreciation expense.

Who should take this course?

  • Accounting and finance professionals who perform audits or prepare financial reports and work in the following areas: Multinational organisations
  • US-based subsidiaries of foreign parent corporations
  • US-based parent companies with international subsidiaries that have adopted IFRS
  • Public companies
  • Large private companies
  • Public practice who serve private, public or international companies with audit, preparation, or advisory service

Professional development

This Course - Online offers 1.5 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Field of study: Accounting
Prerequisites:Familiarity with financial reporting and accounting principles under IFRS
Programme level:Basic
Duration:1.5 hours
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£39.00 (CIMA members only)

£49.00

VAT calculated on checkout

Instructor

  • AICPA Professional Development Staff