Overview   

IAS 16 Property, Plant and Equipment is a standard that governs the accounting treatment of tangible assets such as buildings, machinery, and equipment. As these assets are central to the day-to day operations of many businesses, it is important to understand the complexities that can arise in the application of IAS 16. 

This webinar, presented by Phuthanang Motsielwa CA(SA),  as she sets out the requirements for recognising and measuring an entity’s investment in long-term operational assets. Join Phuthanang for this webinar on 30 May 2023 from 10:00 a.m. to 12:00 p.m.  

Learning objectives  

By attending this webinar you will gain the following competencies: 

• Understand the principal issues in accounting for property, plant and equipment are the recognition of the assets  

• Understand the determination of their carrying amounts and the depreciation charges and impairment losses to be recognised in relation to them. 

• Understand the practical applications of the various sections of IAS 16, as well as the resources required to consistently have compliance with the Standard 

Content 

The webinar will cover the following topics:  

• Capitalising an item 

• Derecognising a replaced part 

• Splitting an asset into components 

• Calculating residual values 

Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   

About the presenter 

Phuthanang Cenea Motsielwa CA(SA), RA  

Phuthanang Motsielwa CA(SA) is a subject matter expert on Enterprise Development – New Venture Creation, Business Practice, Generic Management, Labour Relations Practice and Dispute Resolutions.   

She is a chartered accountant by profession with over 10 years of experience in her own practice. Phuthanang holds a Bachelor’s Degree in Accountancy from the University of the Witwatersrand. She is a member of the South African Institute of Chartered Accountants (SAICA) and a registered auditor with Institute of Regulatory Board of Auditors (IRBA) in South Africa. 

Who should attend? 

The following persons will benefit from attending this webinar: 

• Practising accountants including: CA(SA), Professional Accountant (SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA. 

• Accounting officers. 

• Trainee accountants. 

• Tax practitioners. 

Price              

• R 450.00 - Online admission - Individual. 

• Group Price 1 - From R184 per person (up to 5 users) 

• Group Price 2 - From R121 per person (up to 10 users)

• Group Price 3 - From R109 per person (over 11 users) 

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material 

By attending this webinar you will be provided with: 

• A summarised slide presentation. 

• Reference documents and/or course material where available. 

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.