Course Overview
ASC 360 Property, Plant, and Equipment (US GAAP):
Generally Accepted Accounting Principles, also called GAAP or US GAAP, are the generally accepted accounting principles adopted by the U.S. Securities and Exchange Commission (SEC). They are used by most US public and private corporations and also by their international affiliates.
All the concepts are explained extensively by the use of various case studies for the purpose of deep and insightful understanding. Through this training we are focusing on ASC 360 wherein we shall learn the specifics of property, plant and equipment measurements, its provisions and impacts.
The training includes the following:
- Introduction
- Measurement
- Impairment
- Indicators of impairment
- Test of recoverability
- Measurement of Impairment
- Long lived assets to be disposed off other than sale
- Real Estate Sale
- Discontinued Operation
Target Customers:
- Students
- Professionals (majorly Accountants, Auditors, Accounting Consultants, and Chartered Financial Analysts etc.) who want to excel in global organizations by learning about global standards that ply in their working.
- Anyone who wants to learn about accounting standards and improve the knowledge about the working of organizations on a global level.
- Anyone wanting to learn about US GAAP
Pre-Requisites:
- Passion to learn
- Interest in finance and accounting
- Basic knowledge of accounting terms and concepts