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Courses/Accounting & Tax/Accounting

Accounting for Property, Plant, and Equipment: IAS 16

Master the accounting treatment of Property, Plant, and Equipment in line with IAS 16.

Created byUKElite Accounting Training
4.0
(1 reviews)
BeginnerUpdated Aug 8, 2024
Accounting for Property, Plant, and Equipment: IAS 16

What You'll Learn

check_circleUnderstand the definition and objectives of Property, Plant, and Equipment (PPE) under IAS 16
check_circleAccurately determine the initial carrying value of PPE
check_circleApply various methods of calculating depreciation for PPE
check_circleRecognize and measure impairment losses as per IAS 36
check_circleAccount for PPE revaluations and understand their impact on financial statements
check_circleHandle the disposal of PPE assets and related accounting treatments

About This Course

This course provides a comprehensive overview of the accounting treatment for Property, Plant, and Equipment (PPE) as defined under IAS 16. You will gain a deep understanding of the definitions, objectives, initial recognition, and subsequent measurement of PPE assets. The course also covers various depreciation methods, impairment recognition, and the impact on financial statements, ensuring you are proficient in key international accounting standards.

Key Topics:

  • Introduction to Property, Plant, and Equipment (PPE)
  • Initial Carrying Value of PPE
  • Depreciation Methods and Impact on Financial Statements
  • Identification and Measurement of Asset Impairment
  • Revaluation and Disposal of PPE


This course is ideal for accounting professionals, financial analysts, and students pursuing a career in accounting. A basic understanding of accounting principles is recommended.

Your Instructor

UKElite Accounting Training
UKElite Accounting Training
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star78 reviews

UKElite Accounting Training provides cutting-edge professional development courses tailored for accounting professionals across the United Kingdom. Our mission is to deliver top-tier education that equips accountants with the latest skills and knowledge needed to excel in their careers. Our expert instructors offer real-world insights and practical guidance across a wide range of accounting disciplines. With a commitment to excellence and continuous improvement, UKElite Accounting Training is your trusted partner in professional growth.

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What Students Are Saying

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Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.