Search found 3 matches

by kondanak
23 Nov 2021, 07:18
Forum: IFRS-related topics
Topic: IAS 16 for a New Hydro Power Plant (IPP)
Replies: 5
Views: 1397

Re: IAS 16 for a New Hydro Power Plant (IPP)

Thank you both for your responses.
by kondanak
18 Nov 2021, 03:38
Forum: IFRS-related topics
Topic: IAS 16 for a New Hydro Power Plant (IPP)
Replies: 5
Views: 1397

Re: IAS 16 for a New Hydro Power Plant (IPP)

Yes. Everything.
-Audit fees
-Insurance

No income was projected until second year because of the construction period required.
by kondanak
17 Nov 2021, 16:10
Forum: IFRS-related topics
Topic: IAS 16 for a New Hydro Power Plant (IPP)
Replies: 5
Views: 1397

IAS 16 for a New Hydro Power Plant (IPP)

Hello Need some guidance as we are having a spirited debate. Sem-Long read but please assist. BACKGROUND A new company was set up with the aim of building then consequently running a new powerplant. This is their ONLY line of business and this is their FIRST hydro plant. This therefore an internally...