IFRS - IAS 16 Property, Plant and Equipment PPE

In-house course

2.00
Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Tristan White   0118861395   gillian@probetatraining.co.za

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

Financial managers, Auditors, Bookkeepers, Financial accountants, Audit managers, Audit partners, and Engagement Quality Control Reviewers