This course covers the accounting for property, plant, and equipment in accordance with U.S. GAAP. We’ll focus on key areas such as depreciation, impairment of long-lived assets, and the classification of assets as held for sale, as well as capitalized interest. The course also reviews recognition and measurement considerations, along with the practical application of key concepts under U.S. GAAP.

Learning Objectives
Upon completion of this course, you will be able to:
•    Identify the types of costs that should be capitalized as property, plant, and equipment
•    Identify assets that qualify for interest capitalization
•    Determine the amount of interest cost eligible for capitalization
•    Recognize the appropriate methods for depreciating long-lived assets
•    Identify impacts and requirements from changing depreciation methods and/or useful lives
•    Determine when a long-lived asset is impaired under ASC 360
•    Recognize the steps involved in testing a long-lived asset for impairment
•    List the criteria to be met for an asset to be classified as held for sale
•    Differentiate between the accounting treatment for held-and-used assets and held-for-sale assets
•    Recognize criteria to be evaluated with respect to sales of PP&E
•    Identify important disclosure requirements required by ASC 360

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate. 

A course evaluation form is provided for your feedback, upon course completion. Participants have 1 year from the date of purchase/enrollment to complete this course 

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/