- This topic has 4 replies, 2 voices, and was last updated 3 weeks ago by .
Viewing 5 posts - 1 through 5 (of 5 total)
Viewing 5 posts - 1 through 5 (of 5 total)
- You must be logged in to reply to this topic.
OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Gross carrying amount and net carrying amount.
Hi sir,
It is not difficult to learn by heart that we should disclose Gross Carrying amount of an intangible asset. But may you clarify the difference between Gross carrying amount, net carrying amount pls?
It relates to whether there were any government grants relating to the asset. The gross amount if before any grants whereas the net amount is after government grants.
However this is not relevant for Paper FA.
Thank you so much, professor!!!
Thank you so much, professor!!!
You are welcome 🙂