- Subject: Accounting
- Fee: $100
- CPD: 2 Hours
- Prerequisites: Intermediate Accounting
- Advance preparation: IFRS Standards
- Language: English
- Course Level: Intermediate
- Delivery Method: Zoom
Course description
This course is designed for individuals who want to deepen their understanding of the specific international accounting standards related to property: IAS 16, IAS 40, and IFRS 5.
Learning objectives
- Recall the classification criteria for different types of properties as outlined in IAS 16 Property, Plant and Equipment, IAS 40 Investment Property, and IFRS 5 Non- Current Assets Held for Sale and Discontinued Operations.
- Explain the appropriate accounting treatment and measurement methods applicable to each type of property specified in the respective standards.
- Analyze the process and considerations involved in ceasing to classify assets under the relevant standards.
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Evaluate the accounting impact of recognizing and measuring various types of properties on the financial statements and related disclosures.
Assessment
This course is delivered via Zoom. Instructional materials, including PowerPoint presentations, videos, and additional reading materials, are provided on the day of the activities.
Attendance/Participation — Successful completion of each Zoom Virtual Structured Activity is attained through compliance with the mandatory attendance policy. If the Zoom Virtual Structured Activity is one (1) hour long, students must attend the entire hour/activity. Students must login to Zoom on time or a few minutes early and not leave before the activity ends. Students who are late, absent, or leave early will not be awarded CPD hours or a certificate of completion. Upon successful completion of a course, students are awarded a certificate of completion.
