IFRS: Property, Plant and Equipment


Property, Plant and Equipment (PPE) plays a crucial role in the financial statements of many entities.

This course is provided by a third party provider accountingcpd.net and the fee charged is exclusive of VAT.  Training tickets are not applicable on this product. 

Venue details:  
Online, ,
Start date & time:  
01 January 2019 00:00
End date & time:  
01 January 2022 00:00
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AccountingCPD. net


Product type:  
CPD online course
Financial reporting

They often make up one of the largest items on the statement of financial position and also play a big part in the statement of comprehensive income through the charging of depreciation and impairment. Accounting for them appropriately is therefore often vital.

This course looks at accounting for PPE through two Standards in particular. IAS 16 is the IFRS Standard that covers PPE specifically and IAS 36 covers the connected issue of impairment. The course explains all the key accounting requirements and disclosures and discusses them in detail, and is designed to enable you to make sound judgements as well as to understand the standards.

Course overview 

Recognition Rules for PPE

  • What is the objective and scope of IAS 16?
  • What is the overall rule on recognition?
  • What are capitalisation thresholds?
  • What happens when PPE has more than one element involved?
  • How should a PPE asset be measured initially?
  • How should an asset be measured after initial recognition?
  • When should a PPE asset be derecognised?


  • What is depreciation?
  • What depreciation methods should be used?
  • How often should asset lives and residual value be reviewed?
  • How should depreciation be accounted for?


  • What PPE disclosures are required by IAS 16?
  • What is an impairment?
  • What is a business combination?
  • What is a net foreign exchange difference on translation?
  • Are there other additional disclosures necessary?
  • What about disclosures relating to revaluations?


  • What is the overall objective of IAS 36?
  • Are any specific areas omitted from IAS 36?
  • What might indicate an asset is impaired?
  • How do we measure "recoverable amount"?
  • What are the rules on estimating future cash flows?
  • How do we recognise and measure an impairment loss?