About this E-Learning Course

This course provides entities with an overview of how to account for property, plant and equipment in accordance with Australian Accounting Standards. The topics included in this course:

  • Overview of the scope and key definitions included within the standard

  • Accounting for an item of property, plant and equipment on initial recognition

  • Subsequently accounting for property, plant and equipment

  • Derecognition requirements

  • Presentation and disclosure of property, plant and equipment

Course curriculum

  • 1

    Property, Plant & Equipment

    • Welcome!

    • Scope & Definition

    • Initial recognition & measurement

    • Subsequent measurement

    • Derecognition

    • Dilapidation/restoration provisions

    • Presentation & disclosure

How this course can help your business

The accounting for an item of property, plant and equipment might seem straightforward but the Standard includes many details which, if you get wrong, could lead your property, plant and equipment balances to be materially misstated. This course will assist you to identify these difficult accounting requirements and ensure your property, plant and equipment is correctly accounted for in your financial statements.

Meet your course instructor

IFRS Instructor

Aletta Boshoff

Aletta is an Advisory Partner and National Leader of IFRS & Corporate Reporting at BDO in Australia. Aletta has over 25 years’ experience in financial reporting and accounting, including IFRS. Aletta has lectured on financial accounting and reporting, auditing and assurance and taxation at various Australian and South African universities. As an Associate Professor, she authored various financial reporting and accounting textbooks. Aletta also spent several years as a Project Manager at the Australian Accounting Standards Board (AASB).