Accounting semester 1

A summary of the definition, categories, measurement, systems, and net realisable value of inventory as well as the manufacturing cost and application rates and extended credit terms.

A summary of the definition, measurement and calculation of borrowing cost (IAS 23)

A summary of the important definitions in IAS 16, the initial and subsequent measurement of property, plant and equipment on the cost model and the revaluation model, the elements of cost, methods of depreciation, impairment, derecognition, presentation and disclosure of PPE and how to account for c...

A summary of the definition, elements of the definition, initial and subsequent measurement (amortization and impairment), recognition and disclosure of investment property in terms of IAS 38

A summary of the definition, recognition, initial and subsequent measurement, the rebuttable presumption and disclosure of investment property as well as how to account for transfers to and from the cost model and the fair value model.

A summary of the important definitions in IAS 36, the impairment test and indicator review, recoverable amount and disclosure. Includes an example with journal entries of different scenarios that can occur when an asset is impaired.

A summary of important definitions, lease payments, discount rates, recognition, initial and subsequent measurement of leases from respectively the lessee's and the lessors point of view.