IAS 38 sets out the criteria for recognizing and measuring intangible assets and the required disclosures while IAS 36 sets out the criteria and the measurement of Impairment.
IFRS 5 Non-Current Assets Held for Sale and Discontinued Operations was issued to highlight the results of discontinued operations and how to separate them from the results of ongoing or continuing activities.
IAS 16 – Property, Plant and Equipment and IAS 40 – Investment Property are very similar in nature and share certain common guidelines as well.
IAS 23 Borrowing Costs sets out how borrowing cost should be accounted in the Financial Statements.
Here are things you stand to learn:
- The accounting treatment for intangible assets
- Calculation of Impairment loss
- Definition of terms
- The accounting treatment for assets (or disposal groups) held for sale
- The Recognition
- The Measurement
- Disclosure Criteria
- Practical Application of IAS 38, IAS 23, IAS 16 and IFRS 5
Who should buy the Course:
- Finance Professional
- Finance Graduates
- Business Owners
International Accounting Standard 38- Intangible Assets
International Accounting Standard 36- Impairment of Assets
International Financial Reporting Standard 5- Non-Current Asset held for Sale
International Accounting Standard 16 and 40- Property Plant and Equipment and Investment Property
International Accounting Standard 23
JIMOH ABDULKABIR TAIWO
He is a qualified professional accountant with Eight (8) years extensive experience. He is a member of ACCA (The Association of Chartered Certified Accountants)- United Kingdom, a member of ACA (Institute of Chartered Accountant of Nigeria), a member of ISACA (Certified Information System Auditors), A member of AHRP (Association of Human Resource Practitioner), a member of Association of Certified Fraud Examiner) and a member of Association of Accounting Technician (West Africa). He has a Degree in B.Sc. Ed Accounting from University of Abuja, an M.Sc. in Finance from Nasarawa State University and a current PhD student in Nasarawa State University.