IFRS - Tangible and Intangible Assets Part II - Disposable Replacements AHFS and Disc Ops -- IAS 16, IAS 38, and IFRS 5   

Course Details

This course provides an overview of the retirement and disposal criteria applicable for tangible and intangible assets; criteria and treatment for classifying assets as held for sale or as discontinued operations; and the related disclosure requirements under IFRS.

We recommend completing IFRS - Tangible and Intangible Assets - Part I - Recognition and Measurement Principles -- IAS 16 and IAS 38 prior to taking this self-study.

By the end of this course, participants should be able to:

• identify the retirement and disposal criteria applicable for tangible and intangible assets
• identify the criteria for classifying tangible and intangible assets as held for sale or as discontinued operations
• identify the measurement and presentation requirements for assets held for sale, discontinued operations, and retirements
• assess the allocation of goodwill when a portion of a cash-generating unit is disposed of or internally restructured
• identify the presentation and disclosure requirements for tangible and intangible assets
• apply IFRS presentation and measurement requirements regarding assets held for sale and discontinued operations to selected transactions.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: IFRS, IAS 16, IAS 38, IFRS 5, Tangible Assets, Intangible Assets, Accounting

Other Details

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.

This course is not mobile-compatible.