IAS 16 Property, Plant and Equipment

/IAS 16 Property, Plant and Equipment

Amortization of prepaid lease payments

Hi I have a quick question to ask on the title. If a lease is signed for a piece of land say for 50 years and construction work to build a factory is ongoing at the balance sheet date and not expected to be completed for the next 2 years, does amortiz...

By |November 1st, 2012|DOCUMENTS, IAS 16, IAS 16 Property, Plant and Equipment|1 Comment

IFRS Treatment for Legal Costs, bank charges, etc associated with construction of fixed asset

Can legal costs, bank charges, etc associated with a fixed assets be capitalised under IFRS? I know borrowing costs can be capitalised, but what about the rest? Related posts:IAS 23 Borrowing costs – Forex diffrences IAS 23 Borrowing costs &#8...

By |April 19th, 2012|DOCUMENTS, IAS 16 Property, Plant and Equipment|0 Comments

new terms for depreciation

what are the nely proposed terms on calculating depreciation? for all the methods Related posts:Allocation of depreciation Interest free loan with no fixed repayment terms IFRS Update 2012 – 23-24 May – London Related posts:Allocation of depr...

By |April 14th, 2012|DOCUMENTS, IAS 16 Property, Plant and Equipment|0 Comments

IAS 16 PPE

Building was capitalised 5 years before and it has been depreciated for half of its life. after 5 years, as a settlement, substantial amount is not to be paid to the supplier which was capitalised originally. Amount which is no more payable to supplier...

IAS 16 – Property, Plant and Equipment

List of useful info, resources and documents available on other websites about IAS 16 – Property, Plant and Equipment. Summary of IAS 16 – IASPlus Full Text of the IAS 16 as at 31 December 2010 provided by IASB (You need to register) … Con...

By |December 17th, 2011|DOCUMENTS, IAS 16, IAS 16 Property, Plant and Equipment, PLANT AND EQUIPMENT, PROPERTY|Comments Off on IAS 16 – Property, Plant and Equipment