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According to IAS 16, the objective of that standard is "to prescribe the accounting treatment for property, plant and equipment so that users of the financial statements can discern information about an entity's investment in its property, plant and equipment and the changes in such investment."


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CHAPTER 1: Business Decisions and Financial Accounting CHAPTER 2: The Balance Sheet CHAPTER 3: The Income Statement CHAPTER 4: Adjustments, Financial Statements, and Financial Results CHAPTER 5: Fraud, Internal Control, and Cash CHAPTER 6: Merchandising Operations and the Multi-step Income Statement CHAPTER 7: Inventory and Cost of Goods Sold


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VOLUME 1 Preface CHAPTER 1 Accounting in Business CHAPTER 2 Analyzing and Recording Transactions CHAPTER 3 Adjusting Accounts for Financial Statements CHAPTER 4 Completing the Accounting Cycle and Classifying Accounts CHAPTER 5 Accounting for Merchandising Activities CHAPTER 6 Inventory Costing and Valuation CHAPTER 7 Internal Control and Cash


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