Available Course

IFRS - IAS 16 Property, Plant and Equipment PPE

>> Click here to book this training as an In-House course <<

Duration: 2.00
CPD Hours: Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Course Facilitator: Tristan White
T:  0118861395
E:  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