IFRS: Property, Plant and Equipment (IAS 16) and Borrowing Costs (IAS 23)
Addresses requirements of IAS 16, Property, Plant and Equipment, and IAS 23, Borrowing Costs.
NASBA Field of Study
This course is part of the IFRS Certificate Program — a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today's global business environment.
This self-study course addresses requirements of IAS 16, Property, Plant and Equipment, and IAS 23, Borrowing Costs, including the following:
- Definition of property, plant, and equipment (PPE), including assets excluded from the scope
- Recognition and measurement of PPE, including depreciation expense
- Capitalization of borrowing
Note: Individual courses purchased within the last year can be applied toward the purchase of the IFRS Certificate Program. Find out more.
- Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS
- Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS
- Determine the initial measurement of property, plant, or equipment (PPE).
- Identify the appropriate accounting treatment to subsequent measurement of PPE.
- Recognize the disclosures required by IAS 16 and IAS 23.
- Recognize accounting requirements for borrowing costs.
Group ordering for your team
The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services. The Association is committed to making professional learning accessible to all. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. For accommodation requests, please contact email@example.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.