Please enable JavaScript.

Coggle requires JavaScript to display documents.

UNIT 3 - Assets (1) IAS 16 PPE (Initial Recognition, Subsequent…

- - - - Amortise over UEL
      - Commence when asset available for first use
    - - No Amortisation
      - Annual Impairment review
- - - - COST
        
        Accounted for as all other PPE (IAS 16)
        
        Classified Separately from other PPE on the SFP
      - FAir Value
        
        Initially Recorded at cost in a separate Investment property Account
        
        Revalued to FV @ end of each year
        
        No Depreciation charged
        
        Gain/Loss Shown on SPL