This course is designed for students, members, chartered accountants and public accountants working with tangible, non-current assets. It is important for any professional bookkeeper, auditor and accountant to have knowledge about the scope, recognition criteria and implications of IAS 16 Property, Plant and Equipment (PP&E). It’s a must have skill to work effectively and efficiently in any organization with PP&E.

IAS 16 establishes principles for recognizing property, plant and equipment as assets, measuring their carrying amounts, and measuring the depreciation charges and impairment losses to be recognized in relation to them.

In nutshell, this course covers the scope, basics, techniques, recognition criteria, applications, implications and disclosures of IAS 16 property, plant and equipment (PPE).

Course Key Concepts: Property plant and equipment, IAS 16, International accounting standard, IAS, PPE, Non-current assets, Tangible assets, assets, Depreciation, impairment, disposal, accounting for assets, accounting for non-current assets, revaluations, disclosures.