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value in use

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › value in use

  • This topic has 4 replies, 3 voices, and was last updated 4 years ago by Emili00.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • February 15, 2021 at 1:22 am #610427
    Emili00
    Member
    • Topics: 3
    • Replies: 2
    • ☆

    i got confused.

    if we have to find value in use through cash flows. lets say if the asset has useful life 5 years but the given cash flows give amount from first to seven years for example. do i have to calculate the value in use up to 5 years only or include together year 6 and 7 ?? please help me :”))

    February 15, 2021 at 4:39 am #610431
    melody627
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Why specialised tooling for a new product developed by the business is eligible for capitalisation as intangible asset?
    Why the title heading, front and design of the front page of major broadsheet newspaper is not?

    February 19, 2021 at 8:06 pm #610999
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7163
    • ☆☆☆☆☆

    melody627 wrote:i got confused.

    Yes, you would only use the cash flows for the five years as per IAS 36.

    February 19, 2021 at 8:07 pm #611000
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7163
    • ☆☆☆☆☆

    melody627 wrote:Why specialised tooling for a new product developed by the business is eligible for capitalisation as intangible asset?
    Why the title heading, front and design of the front page of major broadsheet newspaper is not?

    Because you cannot measure the cost reliably for the title of the paper, in a similar way for a brand.

    February 22, 2021 at 11:43 pm #611380
    Emili00
    Member
    • Topics: 3
    • Replies: 2
    • ☆

    THANK YOU SIR :’)

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