ابدأ بالتواصل مع الأشخاص وتبادل معارفك المهنية

أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.

متابعة

Many accountants believe that once you own some long-term tangible asset you need to apply IAS 16 PPE and you can chose from 2 models. what are those?

user-image
تم إضافة السؤال من قبل Mohsin Saddique Mosi
تاريخ النشر: 2015/05/11
Shahbaz Hayder
من قبل Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

The two models are:

 

1. Cost Model

 

2. Revaluation Model

cost or revaluation model,

KUMAR L R IYER
من قبل KUMAR L R IYER , Consultant Banking, IT & IT Security , Digital Strategies Pvt., Ltd.,

As per IAS16 there are two models available

1, Cost model wherein the asset value will be determined after depreciation

2. Revaluation model wherein the asset value will be determined based on market condition