Degree master's degree degree programme accounting thesis advisor(s) lasse niemi year of approval 2014 number of pages 72 language english abstract this study focuses on two asset groups under non-current non-financial assets: property, plant, and equipment (ppe) and investment property the object of the. Among the icb qualified dissertations includes property, plant & equipment, investment property, impairment of assets and inventories dissertation all the work are consistent and meets the examiner requirement of a positive international critique with respect to the perceived strengths of the standard and. For more information, please contact [email protected] recommended citation monday, sarah e, ias 16 and the revaluation approach: reporting property, plant and equipment at fair value (2009) university of tennessee honors thesis projects http://tracetennesseeedu/utk_chanhonoproj/1297. On property, plant and equipment to strengthen the reporting practice on the use of property, plant and equipment and simultaneously provide a thesis  al mutawaa, a, & hewaidy, a m (2010, may) disclosure level and compliance with ifrss: an empirical investigation of kuwaiti companies international business. Introduction ias 16 refers to tangible non-current assets as property, plant and equipment (ppe) and recognises that they possess a physical substance, are held for use in the production of goods or delivery of services or for an administrative purpose, and are expected to be used for more than one accounting period. This thesis aims at comparing ias/ifrs and vietnamese accounting standards ( vas) in terms of 13 research methodology 4 14 thesis structure 6 2 international accounting standards/international financial reporting property, plant and equipment-rautaruukki.
Example, ias 16, property, plant and equipment, and ias 40, investment property, allow companies to choose to record non-financial assets at fv, which is not currently allowed by numerous standards, including canada and the us furthermore, the fasb continues to expand its use of fvs with its issue of statement of. Entity and its acquisition value can be measured reliably since this thesis focus on real estate, our continued frame of reference will focus on tangible fixed assets in property plant and equipment, which is regulated in k3, chapter 17 however, in k3 chapter 16, there are separate rules for investment property, which needs. This alternative thesis project is a financial analysis of delta air lines, inc utilizing the 10-k financial implementing strong controls for property, plant, equipment, and inventory the company also needs to only complete my thesis , but also learn more about accounting than ever achievable in a classical classroom.
I am indebted to many people who assisted with my research project i am particularly indebted to my doctoral advisor, prof dr thomas berndt, who guided me throughout the project with his knowledgeable comments on the normative part of this dissertation and with his supportive attitude our discussion sessions. Historical cost accounting of property, plant and equipment subsequent to initial recognition entities were permitted to carry property, plant and equipment at revalued amounts, “being its fair value at the date of revaluation less any subsequent accumulated depreciation and impairment losses” (ias 16, iasb, 2004:para 31.
Standard ias 16 prescribes the accounting treatment for property, plant and equipment and therefore it is one of the most important and commonly applied standards the main issues dealt in ias 16 are recognition of property, plant and equipment, measurement at and after recognition, impairment of property, plant and. The accounting standard ias 16 sets out how entities should report their investment in property, plant and equipment find articles, books and online resources providing quick links to the standard, summaries, guidance and news of recent developments. Full-text (pdf) | ias 16 property, plant and equipment outlines the accounting treatment for most types of property, plant and equipment, which is initially measured at its cost, subsequently measured either using a cost or revaluation model there is a big disagreement on the quality of fair valu.
Acknowledgements i would like to thank the following people for their time, assistance, guidance and motivation in helping me to complete this dissertation: • my supervisor, professor christo cronjé, for his mentorship, motivation and comments during this study • my co-supervisor, professor christa. International accounting standards committee ifrs international financial reporting standards it institutional theory oops owner-occupied properties pat positive accounting theory ppe property, plant and equipment sasb swedish accounting standards board sfasc swedish financial.