Practically all companies, regardless of the industry, have some type of property, plant, and equipment (PP&E) recognized on their IFRS balance sheet! And while the basic concepts of accounting for PP&E under IAS 16 are relatively straightforward, applying certain requirements have been known to present challenges. In this CPE-eligible, eLearning course (1.0 CPE), we provide you with an overview of the key concepts of IAS 16 such as its scope, initial measurement and recognition requirements, and subsequent measurement requirements, including how to calculate depreciation.