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Becker Professional Education

Accounting for Assets under IFRS: What You Need to Know about PP&E & Investment Property IAS 16 & 40

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Overview / Abstract:

Preparing Financial Statements in accordance with International Financial Reporting Standards requires accurate and up-to-date theoretical knowledge along with practical and thorough hands-on experience. At the conclusion of this session you will be able to:

Recognize the scope and objectives of International Accounting Standard 16 (IAS 16)
Define the terms used in IAS 16
Identify the rules followed to determine how and when to recognize Property, Plant and Equipment under IAS 16
Recognize the cost components, models, and depreciation methods utilized to value Property, Plant and Equipment at the various stages of its life under IAS 16
Recognize the Property, Plant and Equipment disclosure requirements under IAS 16
Recognize the scope and objectives of Investment Property under IAS 40
Define the terms used in IAS 40
Identify the rules followed to determine how and when to recognize Investment Property under IAS 40
Recognize the methodologies utilized to value Investment Property at the various stages of its life under IAS 40
Recognize the Investment Property disclosure requirements under IAS 40

Expiration

Aug 18, 2020

Discipline(s)

Accounting , Financial Advisor CE

Format

Online

Cost

79.00

Credits / Hours

2.00 CPE

Keywords / Search Terms

Becker Professional Education

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