• SKILL LEVEL:
  • Proficient

CAPEX accountant


What is a CAPEX accountant and what do they do?

The main function of a CAPEX accountant is to help companies or public sector organisations determine what assets to capitalise rather than expense through the P&L, maintain an accurate and current fixed asset register and accurately calculate and post the appropriate depreciation and amortisation expenditure.

Capital assets are long lasting pieces of property used to generate revenue for the organisation. They can either be physical assets such as buildings, machinery, and equipment or informational ‘intangible’ assets such as intellectual property, patents and trademarks.

Capabilities

While the accountancy profession offers diverse career options and paths, the core capabilities required to perform at the highest standards remain the same - irrespective of skill level or job role.

Collaboration Digital Drive Ethics Expertise Insight Sustainability
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Continuing professional development at ACCA

A commitment to life-long learning is a vital part of your ACCA membership; it unlocks the full potential of your career choices - and drives forward the profession.

We deliver a wide range of CPD resources tailored to different areas of expertise - and an ever-changing profession. Our, and your, commitment to quality CPD ensures you will have the most up-to-date skills to perform at the highest standard. 

So, get started (or restarted) and take a look at our curated list of the most relevant CPD resources to secure and succeed in this role.

units 20

Online course

IFRS Complete pack

This pack contains courses which will help you refresh your basic IFRS knowledge and also learn new and interesting things about the standards. It consists of all the courses covering IFRS topics from the basic areas to the more complex ones, with questions and examples included. Understand related concepts using practical examples and interim tests to enhance understanding.

Online course

Certificate in public financial management (PFM learning pack)

Given the pace of change and size of expenditure in the public sector, it’s critical that finance professionals working in the sector have the right skills to deal with the challenges ahead. In response to demand from the public sector, we have developed the Certificate in Public Financial Management to help support and build strong public financial management.

By completing this certificate, you will be able to:
 

  • Be able to define public money
  • Understand the objectives of public financial management
  • Know what the public financial management cycle is.
units 4

Online course

Capital allowances

Capital allowances reduce a business’s taxable profits and enable it to retain more of its profits. With depreciation not allowable for tax purposes, a thorough understanding of capital allowances is critical in managing the tax liability for any business with capital expenditure.

This course explains how to identify capital expenditure and whether it is allowable, and explains capital allowances and the practical issues you could encounter. You'll discover different capital allowances 'pools' and rules for each, as well as the reliefs available for cars and structures and buildings.

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How does the ACCA Qualification prepare you for this job role?

From a combination of exams, ethics and experience, the ACCA Qualification will boost your employability and performance at every stage of your career journey.

Here we have listed some elements of the ACCA Qualification that will help you perform at the highest standard in this job role.