A rejected AICPA Statement of Position (SOP) is now poised under IFRS to rock the world of Plant, Property, & Equipment. The old rules for making capital versus expense decisions will be turned inside out. For example, extending the asset life will no longer serve as acceptable criteria for capitalizing improvements!

The effect of this SOP on SAP users and their companies will be explored in detail.

Audience: Business and Executive

File Format: 30-page, non-narrated, pdf

You will: 1) Learn how component accounting will affect your capital project decisions, 2) Understand the Project Stage Framework, and 3) Develop action steps your company should employ to prepare for the new rules.

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