Description

Monitoring investments represents an important accounting issue. Developments in the PCG have strengthened the technicality of accounting monitoring of fixed assets by imposing a more economical approach. This training covers all accounting and tax issues relating to fixed assets. This accounting training provides practical answers to the questions you encounter daily in tracking fixed assets.

Who is this training for ?

For whom ?

Accountant. Accounting employee. Accounting and financial collaborator responsible for monitoring fixed assets.

Prerequisites

None.

Training objectives

Determine the acquisition cost of fixed assets

Calculate and record depreciation

Implement the component approach

Identify and treat impairment losses and exits

Dealing with discrepancies between accounting and taxation

Training program

• Before the face-to-face
  • A self-diagnosis to determine your priorities.
• Know the accounting and tax regulations for fixed assets
  • The definition of an asset.
  • Intangible and tangible assets.
  • The principle of connection between taxation and accounting.
• Account for acquisitions of fixed assets
  • Determination of the acquisition or production cost.
  • Treatment of dismantling costs.
  • Major maintenance expenses.
  • Spare parts.
  • Safety and environmental expenditure.
  • Investment subsidies.
  • Subsequent expenditure.
• Recognize depreciation
  • Economic and fiscal depreciation.
  • The component approach.
  • Modification of the depreciation plan.
  • Divergences between accounting and tax depreciation.
  • Exceptional depreciation.
• Evaluate and record asset impairment losses Calculation and recognition of an impairment loss. Process fixed asset retirements
  • Enriched tool sheets.
• Control and justify your fixed asset accounts
  • Identify the main risks of the fixed assets process.
  • Define accounting controls adapted to the risks.
• After face-to-face, implementation in a work situation
  • Enriched tool sheets.