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This training covers the principles of accounting for property, plant, and equipment under IAS 16, as well as lease accounting under IFRS 16. Participants will learn how to recognize, measure, and depreciate tangible assets and understand the key changes introduced by IFRS 16 for lease contracts. Through practical exercises, participants will gain the skills needed to apply both standards in their financial reporting.
Course Details
1. Understand the key principles of IAS 16 and IFRS 16
2. Recognize and measure property, plant, and equipment (PPE)
3. Apply lease accounting rules under IFRS 16
4. Analyze the financial impact of PPE and lease contracts
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