Accounting for Capital & Intangible Assets under ASPE
- 5
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Brief Introduction
Accelerate your financial accounting knowledge for capital and intangible assets under Canadian GAAPDescription
In this course, you'll accelerate your technical accounting knowledge on capital and intangible assets under Accounting Standards for Private Enterprises in Canadian GAAP.
We'll review the accounting treatments for the following topics throughout the course with examples:
- Capitalization vs. expense critieria - learn which costs to capitalize as an asset and which to record as an expense
- Betterment - Understand when the betterment criteria is applicable to capitalize costs to assets
- Amortization - We'll review various amortization methods for depreciating capital assets under ASPE
- Asset Retirement Obligations - Learn how to record asset retirement obligation assets and liabilities and amortize them over the life of the related asset.
- Goodwill - Understand how to account for goodwill under ASPE
By the end of this course, you'll have a strong understanding of these technical accounting topics and be well versed in these topics. You'll also receive access to the course Q&A section where you can ask the instructor 1:1 questions.
Requirements
- Requirements
- A background in accounting is beneficial but not a requirement for this course.
Commerce Curve
5 Raiting
Accounting for Capital & Intangible Assets under ASPE
- 5
-
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Accelerate your financial accounting knowledge for capital and intangible assets under Canadian GAAP We'll review the accounting treatments for the following topics throughout the course with examples:...
