This site gives case studies together with calculations and graphs covering comprehensive aspects of accounting for fixed assets under IAS 16 and 36.

The worked illustrations were originally made by the author of the website to evaluate whether the standards deal unambiguously and plausibly with a variety of situations. They have been recorded here with background facts, graphs of the asset carrying values and numerical schedules showing annual movements of the main accounting amounts.

Asset accounting has been chosen as the focus since this area can contain large and varied populations and the arithmetical treatment of the many events that can occur during the lifespan can be complex. Accounting programs, and indeed asset management programs do not have tools for handling all events and thus the computations are generally made at spreadsheet level with significant risks of errors.