Characteristics of the assets
- The three types of assets: intangible, tangible and financial.
- Identifying their position on the balance sheet.
- The distinction between capital, expense, other assets.
- The treatment of research and development costs
Hands-on work
Case study Distinguish cost invoices from capital invoices.
Component-based approach
- CRC regulation No. 2004-06.
- The accounting criteria for the component-based method.
- The valuation of assets: impact of the IFRS standard.
- Determination of the cost of the assets concerned.
- The modalities of first-time application.
- The treatment of specific transactions.
- The tax aspects.
- Information to be provided in the notes to the accounts.
Hands-on work
Case study Allocate the assets according to the new component rules.
Amortizations and depreciations of assets: the new accounting rules
- Regulation 2002-10.
- The IFRS standard and the new amortization rules.
- The concept of recoverable value.
- Impairment testing of assets: basis, method, discount rate.
- Cash-generating units (CGUs).
- Accounting and tax implications.
Hands-on work
Case study Distinguish useful life and duration of use. Practice amortizations on the three types of asset.
The key transactions on assets
- Purchasing in foreign currencies.
- Interviews, improvements and major work.
- Amortization: straight-line, digressive, special allowances.
- Modes of acquisition: full ownership, operating lettings or lease.
- Write-off of assets: transfer, disposal, capital gains or losses.
- Physical inventory: monitoring of assets.
Hands-on work
Case study Register an asset purchased in a foreign currency. Practice the different methods of amortization in relation to a tangible asset.
Taxation applicable to assets
- The Territorial Economic Contribution.
- Presentation in the balance sheet, the profit and loss account and the notes.
- Presentation in the tax return.
Hands-on work
Case study Identify the assets in the summary accounting and taxation documents.
2d
- 14h00 
