IAS 41 and Bearer Plants — OpenTuition Forums

SSavariamma5y ago

Hi! 1) Tea bushes 2) Vines 3) Fruit trees I have a doubt whether these three items should be classified under IAS 41 Agriculture or classified as bearer plants and treated as PPE?

P2-D2Tutor5y ago#1

Hi, Under the updated rules then they would fall under IAS 16 as they are bearer plants. Thanks

SSavariamma5y ago#2

Thanks.

Sign into reply to this topic.