ABOUT THE WEBINAR

Accounting for Property, Plant & Equipment (PPE): IFRS vs US GAAP

ABOUT THE WEBINAR

This session provides an in-depth comparison of how Property, Plant, and Equipment (PPE) are recognized, measured, and reported under IFRS (IAS 16) and US GAAP (ASC 360). Participants will learn the conceptual and practical differences between the two frameworks, including key issues such as componentization, revaluation, depreciation methods, impairment, and derecognition.

Learning Outcomes

By the end of this session, participants will be able to:

Explain the key principles and objectives of PPE accounting under IFRS and US GAAP.
Identify and apply the criteria for recognition and initial measurement of fixed assets.
Distinguish between the cost model and revaluation model under IFRS, and contrast with US GAAP treatment.
Understand differences in subsequent measurement, depreciation, and impairment testing.
Apply guidance for asset disposal, derecognition, and presentation in financial statements.
Analyze case scenarios to enhance judgment and consistency in PPE reporting.

Content Outline

Introduction to PPE Accounting Frameworks
Recognition and Initial Measurement
Subsequent Measurement Models
Depreciation and Component Accounting
Impairment of Assets
Subsequent Expenditures and Replacements
Derecognition and Disposal of Assets
Presentation and Disclosure Requirements
Practical Case Studies and Comparative Analysis
Summary, Key Differences, and Q&A

CPD Hours

This webinar will provide attendees with verifiable 3 CPD hours.

FORMAT

This CPD webinar at ICPAS will be delivered online. The link to the online classes will only be available to registered candidates.

SUITABLE FOR

This webinar is designed for certified accountants, auditors, finance professionals, educators and students interested in understanding the difference between IFRS and US GAAP in the treatment of PPE.

FEES

FREE

- The CPD webinar is free of charge for both ICPAS members and the public. The registration is online.

- Limited virtual seats available. Participants should register in advance to receive the Zoom meeting link.

DURATION

This session is a 3-hour session

Date: 17 November 2025 (06 30 PM to 09:30 PM)

Frequently Asked Questions

Please reach us at info@icpasorg.com if you cannot find an answer to your question.

Will I be awarded a certificate upon successfully finishing the webinar?

Absolutely, upon successful completion of the webinar, participants will receive a certificate of attendance as a formal acknowledgment of their achievement.

What is the enrollment process?

Simply complete the online registration process and upload a receipt as proof. In the case of free webinars, registration will be considered on a first-come, first-served basis.

As a college student with no prior experience, am I eligible to enroll in the webinar?

While anyone is welcome to register for the webinar, it is particularly suitable for professionals and senior accounting students who have good foundation in accounting principles.

What is the fee for individuals who have successfully completed one of the ICPAS qualifications?

The webinar is free for everyone.

What is the scheduled time for the webinar sessions?

The session will be held from 07 30 PM to 9 30 PM on 16th of August, 2025.

How can I verify the authenticity of my certificate and CPD Hours?

Each certificate is assigned a unique number, which can be used for verification on the ICPAS website (CLICK HERE). You will simply input this number to confirm its authenticity.