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Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › IAS 16 – flow of future economic benefit?
IAS 16
Standard state that recognition criteria of assets is the flow of future economic benefit to entity, my question is, when its come to future there is uncertainty, so why standard don`t have any aspect which cover this expect of uncertainty.?
Give me a suggestion as to how you could change the categorisation of an asset based on your uncertainty of future economic benefit.
I’m intrigued!
