Property, Plant, and Equipment
Description
For many companies, property, plant, and equipment (PP&E) is often a significant line item in the balance sheet. Do you know what’s included in this line item? In this CPE-eligible, eLearning course (1.0 CPE) we discuss the types of assets and costs that should be capitalized as part of PP&E. You will learn about the concept of depreciation, including the inputs needed and the various methodologies available to calculate depreciation in the financial statements. Finally, we cover the difference in accounting and reporting under U.S. GAAP for held-for-sale assets as compared to those assets that are held for use.
Learning Objectives
By the end of this course, you should be able to:
- Identify the types of costs that should be capitalized as part of PP&E
- Recognize the inputs needed and various methodologies available to calculate depreciation
- Recall the allowable methods of accounting for planned major maintenance
- Recognize the criteria for assets held-for-sale
Additional Information
| Last Updated | 12/01/2024 |
|---|---|
| CPE Credit | 1.0 |
| Field of Study | Accounting |
| Instructional Delivery Method | QAS Self Study |
| Knowledge Level | Overview |
| Prerequisites | None |
| Advanced Preparation | None |
| Expiration | This course, collection, or subscription expires one year from the date of purchase. The post-course assessment for each course must be satisfactorily completed, as evidenced by a passing grade of at least 70%, by the expiration date to be awarded any qualifying continuing professional education (CPE) credit. |
| Refund or Cancellation Policy | For more information regarding refunds, concerns, and program cancellation policies, please contact the GAAP Dynamics Support Team via email at support@gaapdynamics.com or call (804) 897-0608. |
$120
1h 00m
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