Search found 3 matches
- 22 Oct 2020, 06:59
- Forum: IFRS-related topics
- Topic: IAS 2
- Replies: 8
- Views: 1608
IAS 2
Hi Team, A manufacturing compnay is having 4 lines for production, due to low demand of products the compnay had stopped running line 1 and rest 3 lines are running for production. Now, how to treat the cost incurred for maintenance & depreciation pertains to line 1 (Idle Cost) either Direct cos...
- 22 Oct 2020, 06:38
- Forum: IFRS-related topics
- Topic: IAS 16
- Replies: 4
- Views: 1161
Re: IAS 16
Thanks
- 21 Oct 2020, 20:17
- Forum: IFRS-related topics
- Topic: IAS 16
- Replies: 4
- Views: 1161
IAS 16
Hi,
Advance paid for purchase of machinery and no work has commenced yet. Can it be treated as advances under current assets or to be shown as capital work in progress under PPE.
Please advice as per IFRS
Advance paid for purchase of machinery and no work has commenced yet. Can it be treated as advances under current assets or to be shown as capital work in progress under PPE.
Please advice as per IFRS