Assigned Readings

Chapter 11: Property, Plant, and Equipment and Intangible Assets: Utilization and Disposition

LO11-5: Explain the appropriate accounting treatment required when a change is made in the service life or residual value of property, plant, and equipment and intangible assets
LO11-6: Explain the appropriate accounting treatment required when a change in depreciation, amortization, or depletion method is made
LO11-7: Explain the appropriate treatment required when an error in accounting for property, plant, and equipment and intangible assets is discovered
LO11-8: Identify situations that involve a significant impairment of the value of property, plant, and equipment and intangible assets and describe the required accounting procedures
LO11-9: Discuss the accounting treatment of repairs and maintenance, additions, improvements, and rearrangements to property, plant, and equipment and intangible assets.