FARFree

Long-Term Assets

Study property, plant & equipment acquisition, multiple depreciation methods, asset disposal, and impairment — critical FAR topics for the CPA exam.

5
Lessons
18
Questions
13
Flashcards
0 of 5 lessons completed
~75 min estimated

Lessons

What you'll learn

  • Capitalization vs. Expensing
  • What Gets Capitalized?
  • Lump-Sum Purchases
  • Three Common Methods
  • Double-Declining Balance
  • Units-of-Production