CLASSIFICATION

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Classification of PPE, Investment Properties and Assets held for sales

My company is involved in renting of properties and selling of developemt properties. We currently have development properties that are held for immediate sale. However, due to the property is completed and vacant, the unit is available for rental to staff (for recreation purpose) in order to earn rental income. As such, can we still [...]

By |April 23rd, 2009|OTHER IFRS|0 Comments

Category of Assets

Dear All, The company has equipment which will be used in providing their service (communication equipment). this equipment will be sold to the costomer or will be given to the costumer temporarly during the service period which the company provides. After the costomer ceased agreement with the company, the equpment is returned to the company [...]

By |March 11th, 2009|OTHER IFRS|4 Comments