fbpx

By the end of this session you should be able to:

  • Define tangible and intangible non-current assets 
  • Classify expenditure as capital or revenue
  • Prepare accounting entries to record the acquisition and depreciation of tangible non-current assets 
  • Calculate depreciation using different methods of calculation
  • prepare accounting entries to record the acquisition and amortisation of intangible non-current assets
  • Prepare extracts of financial statements dealing with non-current assets. 

and answer questions relating to these areas.