Course Description

Accounting for fixed assets can be a complex area with extensive implications on a company's value. In this thorough and well-written course, accounting expert Steven Bragg uses real-life examples to illustrate the principles covered, and offers helpful tips and advice that can be easily implemented. This course addresses both the GAAP and IFRS accounting for all aspects of fixed assets, including their initial purchase, impairment, revaluation, and disposal. This course also covers:

· Disclosure of fixed asset information

· Capital budgeting

· Asset recognition

· Interest capitalization

· Asset retirement obligations

· Financial statement disclosures associated with fixed assets

· Creating strong control systems for fixed assets

· Fixed asset record keeping

· Ratios that can be used to monitor fixed assets