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…
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…
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…
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