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Become an Investment Banker with This Step-By-Step Guide

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Do you hear your calling to enter the world of finance? Are you eager to pursue your career in investment banking but don’t know where to start? An investment banking certification may be your first step. There are thousands of exciting opportunities for people who want to step into Investment banking. People with strong analytical skills, strategic thinking and a passion to thrive in the finance industry can benefit from investment banking certification. We'll take you step-by-step through the process of becoming an investment banker in this extensive guide. Who Is an Investment Banker? Before starting your journey, get an understanding of the job role. Investment bankers are professionals in the financial services business who support institutional clients in mergers and acquisitions and capital raising by combining their analytical skills, compelling communication abilities, and experience in the financial services industry. Investment bankers provide corporate financing ser

Understanding Initial Recognition of Property, Plant, and Equipment under IFRS

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Property, plant, and equipment (PPE) play a significant role in the financial reporting of companies, representing tangible assets used in operations. Initial recognition of PPE is a crucial step in accounting for these assets, governed by IAS 16: Property Plant & Equipment. In this blog, we delve into the process of initial recognition of PPE as per the provisions of IAS 16, outlining key principles and considerations in a concise manner. Definition of Property, Plant, and Equipment: Property, plant, and equipment encompass tangible assets held for use in production, supply of goods or services, rental to others, or administrative purposes. These assets are expected to generate economic benefits over multiple periods and are distinct from inventory or financial instruments. Examples include land, buildings, machinery, and vehicles.  Criteria for Recognition: According to IAS 16, PPE should be recognized in the financial statements when:  It is probable that future econom