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متابعة

According to IAS 16 PP&E; what is the accounting treatment for major repairs and maintenance?

Knowing that the major repairs lead to two situations for two different assets:1- the repair increases the use value of the first asset.2- the repair extends the useful life of the another asset. What are the accounting treatment for each asset?

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تم إضافة السؤال من قبل Fathi Matbaq , Senior Purchasing Officer , Alghanim Industries
تاريخ النشر: 2016/03/25
Shazia Anees
من قبل Shazia Anees , Assistant Manager Finance , Arham Trading Company

Capitalize major repair and maintenance expenses

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