Accounting for Non-Financial Assets with a Specific Focus on Intangibles
Overview
What you'll take away.
Avoiding common errors and getting it right!
Failures to account for assets correctly can have significant implications for entities. Preparers can sometimes underestimate the challenges involved in accounting for assets, even seemingly conventional assets such as property, plant and equipment.
This session will consider the basic principles and requirements applicable to a range of non-financial assets, including inventories, property, plant, equipment, investment property and in particular, intangible assets.
The reporting requirements applicable to intangible assets are also assuming greater significance with the increasing prevalence of non-fungible tokens, crypto-currency and carbon credits.
We will examine the key requirements relevant to the accounting for these types of assets and discuss some the common pitfalls when accounting for non-financial assets.
Learning Outcomes:
Identify the key requirements and common errors associated with accounting for non-financial assets.
Suited to:
Auditors, CFOs, Board Members, Financial Controllers, Finance Teams, Accountants involved in the preparation of financial reports
This On Demand includes:
- a recording of the webinar Event which can be viewed multiple times
- a PDF of the presenter’s PowerPoint
- a verbatim Transcript
- any supporting documentation
- a CPD Certificate after successful completion of the Knowledge Quiz
Course syllabus
3 lessons
- Video – Accounting for Non-Financial Assets with a Specific Focus on IntangiblesVideo
- FeedbackSurvey
- Knowledge TestTest
Your presenter
Dean ArdernBDO Australia
, Director, BDO Australia
Dean has been advising on IFRS and other financial reporting matters for over 15 years. Having worked with a range of clients in both the for-profit and not-for-profit sectors, Dean understands the challenges preparers face.
Dean’s primary role is to identify practical and compliant reporting solutions for clients and assurance staff. To achieve this, Dean works at building constructive relationships with clients with the view to providing responsive, accurate and outcome-focused technical advice and guidance.