IFRS - IAS 16 Property Plant and Equipment PPE

Price:
R483.00 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
IFRS
Lecturer:
Tristan David-Crewe White
Duration:
135 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline

This session is all about fixed / longer term assets. We’ll capitalise on our time together by establishing a strong theoretical foundation based on simplifying definitions, recognition and measurement principles. We’ll proceed to build thereon by practicing calculations and analysing the accounting entries in various scenarios, including component accounting, spare / replacement parts, revaluation surpluses and revised depreciation amounts, inter alia.

IAS 16: PPE

  1. Definitions and what is included in ‘costs’ that can be capitalised
  2. Recognition
  3. Measurement – Cost VS Revaluation Model, Depreciation, Component Accounting
  4. Disclosure requirements