IFRS: Property, Plant and Equipment

Overview

Property, Plant and Equipment (PPE) plays a crucial role in the financial statements of many entities. They often make up one of the largest items on the statement of financial position, and also play a big part in the statement of comprehensive income through the charging of depreciation and impairment. This course looks at accounting for PPE through IAS 16, which covers PPE specifically, and IAS 36, which covers the connected issue of impairment.

This course will enable you to:

• recognise what the overall rule for a PPE asset is
• understand how the cost of an asset is charged against profits in a way that reflects its usage
• define key concepts in various PPE disclosures such as impairments and business combinations
• decide if an asset is impaired and if so, what actions to follow
• identify key rules with relation to estimating future cash flows, and recognising and measuring impairment losses.

Key information:

• learn at your own pace
• help meet your annual CPD requirements
• develop your own learning needs
• exclusive member benefit – 10% discount
• iPad/Android compatible

Accountingcpd.net work with leading industry specialists to develop bespoke CPD courses. 

Disclaimer: This course is available for ACCA members, you may need your ACCA membership number to complete your booking. This course and outline is provided by a third-party course provider. All course bookings are subject to the terms and conditions set by the course provider. Please see individual supplier pages for full terms and conditions. ACCA takes no liability for bookings made with third-party suppliers.