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Bearer Plants

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Bearer Plants

  • This topic has 3 replies, 2 voices, and was last updated 3 years ago by P2-D2.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • May 7, 2021 at 6:36 pm #619982
    vinogradovaa
    Participant
    • Topics: 21
    • Replies: 9
    • ☆

    Bearer Plants

    I have just checked the IAS 41 standard, that excludes grape vines for treatment as a bearer plant. Why then, in your tests grape vines are included as belonging to IAS 41?

    Or may be it would be better to ask, if harvested produce of bearer plants belong to IAS 41 or not? If they dont belong to IAS 41, under which standard can we measure grapes already picked up from grape vines and ready to be transformed into wine?

    Thanks.

    A.

    May 8, 2021 at 9:17 am #620029
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7141
    • ☆☆☆☆☆

    Hi,

    The notes are to be updated for the September sitting onwards but they would be accounted for under IAS 16.

    Thanks

    May 13, 2021 at 1:45 pm #620501
    vinogradovaa
    Participant
    • Topics: 21
    • Replies: 9
    • ☆

    Thanks for the answer.

    Regards

    May 17, 2021 at 8:09 pm #620888
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7141
    • ☆☆☆☆☆

    No worries, you are welcome.

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