To Access This Course:
This course provides an overview of the principles contained in International Financial Reporting Standards (IFRS) related to the initial recognition and subsequent measurement of nonfinancial assets, such as property, plant, and equipment, investment property, intangible assets, and inventories. Testing for impairment of these long-lived nonfinancial assets is also explored.
Learning Objectives
- Explore important considerations for accounting for property, plant, and equipment per International Accounting Standard (IAS) 16 and investment property per IAS 40.
- Discover important considerations when identifying and recognizing intangible assets per IAS 38.
- Recognize key factors in fair presentation of inventories per IAS 2.
- Explore impairment testing of long-lived nonfinancial assets per IAS 36.
Last updated/reviewed: November 20, 2019
1 Review (8 ratings)Reviews
Anonymous
(Accounting Manager: Statutory Reporting)
This course provided a great overview of non-financial asset accounting that really helped me refresh on the differences between US GAAP and IFRS for these types of assets.
Prerequisites
Course Complexity: Intermediate
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .