: According to IAS 16:
Cost of the plant,
Initial delivery and handling costs,
Cost of site preparation and
Consultants hired fee are the directly attributable costs necessary to bring the asset into working condition
PPE should be recognized as asset if it is probable that future economic benefits associated with the asset which the company is expected to
increase the capacity of 40% from its existing capacity...
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DR ABDUL SABOOR
PHD Scholar at Superior University Lahore- Pakistan
MS Business Administration (HRM)
BS Business Administration (Marketing)
Member Editorial Board Science Publishing Group USA
Member Editorial Board International Journal of Marketing Studies
Cell=0308-6837987
Pakistan
PHD Scholar at Superior University Lahore- Pakistan
MS Business Administration (HRM)
BS Business Administration (Marketing)
Member Editorial Board Science Publishing Group USA
Member Editorial Board International Journal of Marketing Studies
Cell=0308-6837987
Pakistan