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Overview

Approx 2 Hours To Complete IAS16 in English Language

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. Property, plant, and equipment are tangible items that:

· are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and

· are expected to be used during more than one period.

Requirements

    All you need to know about IAS 16 for accounting treatment of fixed assets

Syllabus

    Course Introduction - IAS 16

    Definitons in IAS 16 and exclusions

    Recognition Critera and Impact of Recorgnition as FA

    Measurement of Cost for Property Plan and Equipments and exclusion

    Measurement of cost in different scenarios

    Component basis of accounting for PPE

    Subsequent measurement of PPE and Revaluation model

    Depreciation of PPE

    Disclosure Requirements for PPE

    IAS16- Introduction

What you will learn

  • Definitions In IAS 16 And Exclusions

  • 2. Recognition Criteria And Impact Of Recognition As FA

  • Measurement Of Cost For Property Plan And Equipment's And Exclusion

  • Measurement Of Cost In Different Scenarios

  • Component Basis Of Accounting For PPE

  • Subsequent Measurement Of PPE And Revaluation Model

  • Depreciation Of PPE

  • Disclosure Requirements For PPE

About the instructor

Manish Gupta
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  • 13 Courses
  • Manish Gupta

    Skills :Business & Finance,Data Science,Accounting & Tax

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    Course Features

  • Lectures 8
  • Quizzes 0
  • Duration 2 hours
  • Skill level ForAll
  • Language English
  • Assessments Yes

Skills You Will Acquire

  • Accounting