Self-Study
From Purchase to Retirement – Accounting for PP&E Under U.S. GAAP
Comprehensive U.S. GAAP accounting for property, plants, and equipment. Understand capitalization criteria, depreciation methods, impairment testing under ASC 360, and more in this GAAP accounting CPE.
Price range: $116.00 through $136.00
Webcasts are available for viewing Monday – Friday, 8am – 8pm ET,
and Saturday & Sunday, 10am – 6pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
4 Credits: Accounting
Course Level
Overview
Format
Self-Study
Course Description
From Purchase to Retirement – Accounting for PP&E Under U.S. GAAP covers the accounting for property, plant, and equipment in accordance with U.S. GAAP. We’ll focus on key areas such as depreciation, impairment of long-lived assets, and the classification of assets as held for sale, as well as capitalized interest. The course also reviews recognition and measurement considerations, along with the practical application of key concepts under U.S. GAAP.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Identify the types of costs that should be capitalized as property, plant, and equipment
- Identify assets that qualify for interest capitalization
- Determine the amount of interest cost eligible for capitalization
- Recognize the appropriate methods for depreciating long-lived assets
- Identify impacts and requirements from changing depreciation methods and/or useful lives
- Determine when a long-lived asset is impaired under ASC 360
- Recognize the steps involved in testing a long-lived asset for impairment
- List the criteria to be met for an asset to be classified as held for sale
- Differentiate between the accounting treatment for held-and-used assets and held-for-sale assets
- Recognize criteria to be evaluated with respect to sales of PP&E
- Identify important disclosure requirements required by ASC 360
Course Specifics
SS125446666
October 3, 2025
There are no prerequisites.
None
81
Compliance Information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
Kelen is a recognized author and reviewer of CPE courses and has authored over 145 courses (350+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s Journal of Accountancy. Kelen has nearly 20 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Advisor with HP. Prior to HP, he served in multiple …
QAS Self-Study
