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متابعة

How can one differentiate the difference between Investment Property (IAS 40) and Property, Plant and Equipment (IAS 36)?

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تم إضافة السؤال من قبل Emmanuel Tsikira , accounting assistant , Blakiston Junior School
تاريخ النشر: 2015/02/24
Abdul Ghani
من قبل Abdul Ghani , Chief Accountant , Circuit / Draft FCB

Investment property purchase for income and property, plant and Equipment are fixed assets of company

FITAH MOHAMED
من قبل FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

I AGREE WITH MR M. EL NADY  ANSWER  

Ahmed kandil
من قبل Ahmed kandil , Cost Controller , Battour Holding Cpompany

AGREE WITH MR  Mahmoud El Nady

THANKS 

 

Mir Mujtaba Ali
من قبل Mir Mujtaba Ali , Internal Audit Manager , Confidential

Well answered by experts <>>>>>>>>>>>

مستخدم محذوف‎
من قبل مستخدم محذوف‎

agreed with all ..........................

Irfan Ali
من قبل Irfan Ali

IAS40investment property is a property which is held by business for investment purposes but IAS36 relates to impairment of  assets.

Saifullah Shirazi
من قبل Saifullah Shirazi , Senior Accountant , Suraj Cotton Mills Limited

IAS40 deals with Investment in property that is held for rental or for appreciation in value not for business use

While

IAS36 deals with Impairment of Asset (Property Plant and Equipment) which states that assets should not carried more than recoverable amount

مستخدم محذوف‎
من قبل مستخدم محذوف‎

Investment Property (IAS40)  deal with those assets which are held for investment purpose whereas IAS36 are deal with impairment of assets 

المزيد من الأسئلة المماثلة