FRS 102 - Property, plant & equipment and investment property


This course is part of a series dealing with accounting under FRS 102 The Financial Reporting Standard Applicable in the UK and Republic of Ireland. It primarily considers the requirements of section 17 property, plant and equipment and section 16 investment property, but also includes elements of section 25 borrowing costs and section 27 impairment of assets.

It considers all aspects of the accounting for property, plant and equipment from initial recognition to subsequent accounting as well as the nature of and accounting for investment properties.

Learning outcomes:

On completion of this course, you will be able to apply the key requirements of FRS 102 in respect of

  • Property, plant and equipment; and
  • Investment properties

Course content:

Property, plant and equipment

  • The nature of property, plant and equipment
  • Initial recognition
  • Initial measurement
  • Subsequent measurement
  • Depreciation
  • Treatment of subsequent expenditure

Investment properties

  • Identification of investment properties
  • Initial and subsequent measurement

Authored by:

Bruce Cowie, Head of Financial Reporting at BPP Professional Devlopment

Bruce Cowie is the Head of Financial Reporting Programmes at BPP Professional Development. He has been training full time in Financial Reporting topics since 1985, and has an expertise in IFRS, UK GAAP and US GAAP. He has trained across the world (e.g. USA, Europe, APAC, Australia, Argentina) for large multinationals, small and medium sized companies, accounting firms, professional bodies and Government entities, and still maintains a genuine love for his subjects. He has spent a considerable time in training firms for the transition to IFRS and to the new UK GAAP.

A CPD certificate of completion will be provided by BPP Professional Education Limited upon successful completion of the online course.

CPD Points: 1

CPD Duration (hours): 1

Access: 12 months from purchase date

Price: £35.00 (excludes VAT)