The AASB 116 standard specifies PP&E detailed accounting and disclosure requirements including how to calculate depreciation, costs and the component-based approach. We use practical examples to enhance your understanding of the course material.
Most companies have tangible non-current assets that they use in the production or supply of goods and services, or for administrative purposes. These assets are called Property, Plant and Equipment (PP&E).
The AASB 116 standard specifies PP&E detailed accounting and disclosure requirements including how to calculate depreciation, costs and the component-based approach. We use practical examples to enhance your understanding of the course material.
Learning Outcomes:
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