In this month's exclusive Accountancy Daily CPD module, we focus on the accounting treatment of property, plant and equipment under FRS 102 and FRS 105
This module will enable you to:
- understand the recognition criteria and the different types of asset classes under UK GAAP;
- identify how items of property, plant and equipment (PPE) are initially measured including when payment is deferred;
- distinguish between the cost model and the revaluation model and understand how these models work; and
- identify when changes to certain components of depreciation are required and when depreciation methods may be incorrect.
This CPD module takes 20 minutes to complete and is followed by a short quiz to ensure thorough learning. There are also detailed course notes to ensure a full learning experience. Any CPD learning is also automatically added to Your CPD Tracker.
The CPD course lecturer is Steve Collings, accounting expert and regular contributor to Croner-i Navigate.
Play the CPD module here
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