IFRS: Property, Plant and Equipment (PPE)

Understanding IFRS: Property, Plant and Equipment enables the learner to:
• Recognise what the overall rule for a PPE asset is
• Understand how the cost of an asset is charged against profits in a way that reflects its usage
• Define key concepts in various PPE disclosures such as impairments and business combinations
• Decide if an asset is impaired and if so, what actions to follow
• Identify key rules with relation to estimating future cash flows, and recognising and measuring impairment losses

Anyone engaged either in the preparation of financial reports based on IFRS or their audit, as well as users of company accounts wishing to gain a fuller insight into the treatment of this important class of asset.

About the Author of IFRS: Property, Plant and Equipment
Wayne Bartlett

Dr Wayne Bartlett specialises in public sector financial management and budgeting and has worked as a consultant and lecturer throughout the world.

After 7 years in the NHS in the UK, he joined the Home Office as Head of Accountancy Advice.
He has worked closely with a number of Supreme Audit Institutions and has become an expert of the implementation of international accounting standards.