Advanced Component Accounting -Half Day
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This session will examine, via the use of scenarios, the recognition of replacements and enhanced assets, accounting considerations for the impact of future events and a view of the support and advice provided by valuers and the commissioning of their work.
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Learning Objectives:
•To gain an understanding of different componentisation scenarios of varying complexity
•To understand the required accounting entries associated with different componentisation scenarios
•To appreciate the differences between certain accounting componentisation approaches
•To appreciate the different valuation methods that might be used in these processes
•To better understand the valuation methods employed by the valuer in identifying components
