IFRS: Property, Plant and Equipment (IAS 16) and Borrowing Costs (IAS 23)
Available Anytime
Location:
Online
1Credits
Accounting and Auditing
Registration is Open
FICPA Members
Nonmembers
$49.00 Regular Price
Product Code: AI23-IFRSCERT-E
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Accounting
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
Note: Individual courses purchased within the last year can be applied toward the purchase of the IFRS Certificate Program. Find out more.
Objectives:
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.
Designed For:
Who Will Benefit
- 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