[thehala]

Ok, clear .

Thanks

[thehala]

Thank you sir ,
Another question please , why they didn’t include the grant amount in the cash flow estimates ? ( is it because they are not sure they will get it ? Or they are not sure of the amount ? )

Thanks again

[thehala]

Thank you Ken

[thehala]

thanks for the clarification!

[thehala]

Ok thank alot !

[thehala]

Thanks sir for the clarification .

[thehala]

Sorry sir its my mistake,

So the management should consider the best and highest use from using the property rather that best and highest use if it sell it ?
And should we deduct any cost to sell from the valuation ,

I am not sure of the IFRS 13 and how it applied to non financial assets!

Will really appreciate if you clarify this to me

[thehala]

Sir ,

What I meant is that the examiner mentioned that there could be a possible misstatement if the FV was not valued correctly!

What is the treatment of IFRS13 the FV of non financial asset. Could you briefly explain the treatment mentioned in the examiner answer

[thehala]

Thanks sir ,
Could you also clarify it to me the second question ?

Thanks in advance

[thehala]

Another inquiry which relates to the same question march19 Q3 b (iii)

The company wants to develop the property as residential ( previously was industrial) is this a change on the type of property from PPE to investment property?

The examiner mention a wrong accounting treatment which relates to FV which I didn’t understand!

Thanks

[thehala]

Thanks sir . Very very clear explanation!

[thehala]

Thanks sir , thanks for the clarification .

[thehala]

Sir in the FS they mention the bank loan , and in the notes to FS they mention undrawn facility with different amount . So are they related to each other or no ?
Or the undrawn facility means overdraft?

[Author]

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