Non-current Assets part 1

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Comments

  1. Hello. The standard says we are not allowed to capitalise any interest where the interest no longer mets certain criteria, one is the stoppage of work on site. what happens to the interest earned( i.e. where the loan has been invested) when work is stopped temporarily,do you match the income with the expense from the date it starts to meets the recognition criteria again or do you backdate the int income to match the int expense to be capitalised.?

  2. Dear Mike,

    Is there a video to guide us for slowing example 1 (Edigiius) on borrowing cost? Pls advise. Thanks

  3. These old lectures can be viewed ON IPHONE using Puffin Browser available on I Tunes for free. Please spread the word….

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  5. When do we conduct a revaluation of an asset????

    • @neetish, when you want to and, particularly when you have adopted the valuation model rather than the cost model. Revaluing downwards? – whenever there are indications that the asset / assets may have suffered impairment

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