- This topic has 3 replies, 2 voices, and was last updated 11 months ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
dear sir , hope u are doing good. i saw the ppe was revalued before so it was carried on revaluation model for nca held for sale , but shoulnt the impairment go through the revaluation reserve first and then if anything left to spl ?
correct me if im wrong .
There is a conflict here between IFRS 5 and IAS 16. So, it’s an exception!
The effect is that the costs of disposal always go to the P&L.
This is quite popular with examiners because it an exception.
🙂
Viewing 4 posts - 1 through 4 (of 4 total)
- The topic ‘IFRS 5 example in lecture’ is closed to new replies.