Property, Plant and Equipment (IAS 16) and Borrowing Costs (IAS 23)

Financial accounting & reporting

Course

Property, Plant and Equipment (IAS 16) and Borrowing Costs (IAS 23)

  • Format

    Course - Online

  • Duration

    1h

Addresses requirements of IAS 16, Property, Plant and Equipment, and IAS 23, Borrowing Costs.

Learning outcomes

  • • Determine the initial measurement of property, plant, or equipment (PPE).
  • • Identify the appropriate accounting treatment to subsequent measurement of PPE.
  • • Recognize the disclosures required by IAS 16 and IAS 23.
  • • Recognize accounting requirements for borrowing costs.

£19.00 (CIMA members only)

£25.00

VAT calculated on checkout

Product information

Overview

This course is part of the IFRS Certificate Program – a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today’s global business environment.

This self-study course addresses requirements of IAS 16, Property, Plant and Equipment, and IAS 23, Borrowing Costs, including the following: • Definition of property, plant, and equipment (PPE), including assets excluded from the scope • Recognition and measurement of PPE, including depreciation expense • Impairment • Capitalization of borrowing costs to fund the construction or purchase of PPE • Disclosure requirements

Note: Individual courses purchased within the last year can be applied toward the purchase of the IFRS Certificate Program.

Who should take this course?

  • • Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS
  • • Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS

Professional development

This Course - Online offers 1 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Prerequisites:None
Duration:1h
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

£19.00 (CIMA members only)

£25.00

VAT calculated on checkout