Thank you for your publication. However, it would be appreciated to have your position on the treatment of income from proceeds generated during the biological transformation of the asset. That is, the plant produces before maturity or before being moved to bearer plant. Thank you. Kingsley
i have a question about depreciation sir of PPE. If we choose revaluation model at the start after acquiring the asset will we depreciate it or just revalue it at each year forwards.
Hello Could you please clarify my doubt Suppose I am growing a mango plantation for selling mango fruits not for selling trees then In this case mango trees are accounted as per IAS 16. Is this correct?
Damn I literally got everything so well
Thumbs up SIR
Great ..we'll understood
Thank you for your publication. However, it would be appreciated to have your position on the treatment of income from proceeds generated during the biological transformation of the asset. That is, the plant produces before maturity or before being moved to bearer plant.
Thank you.
Kingsley
Clear Explanation Sir. Easily understandable
🙏👍
Sir kindly make a detailed video on IFRS 15 with practical example and its scope along with ECL and unwinding.
IAS 41 in 9 min
Best explanation ❤
@@sumansir999 thx
What journal entries are passed for the changes in Fair Values of Biological Assets
Qualitative video short and summarize easy to understand
Thanks dear
What is the treatment of the increase on fair value
i have a question about depreciation sir of PPE. If we choose revaluation model at the start after acquiring the asset will we depreciate it or just revalue it at each year forwards.
Revalue if there is significant difference btw carrying value and fair value, if there is no difference, then depreciate.
clearly explained
Thx dear
We produce castor beans plant the plant is there for year, we harvest 3 to 4 within a year is it a bearer plant or bilogical asset
Sir can u please make a video on cpr cost production report it's urgent and sirf foh ke questions bhi solve karden big request sir
Dear mustafa, foh questions are solved in OVERHEAD VIDEO, are you talking about statement of cost of good manufactured ??
@@CommerceSpecialist sir cost production report plz iski video bana den 5 days baad paper hai
I cannot promise as im travelling, but will try
Sir how to register for USCMA classes??
Just email me
Hello
Could you please clarify my doubt
Suppose I am growing a mango plantation for selling mango fruits not for selling trees then In this case mango trees are accounted as per IAS 16. Is this correct?
Till they are growing, IAS41 applues, after harvesting, IAS2 applies
@@CommerceSpecialistWhy don't you apply IAS 16?
What is the main difference between bearer plants and biological assets? Can I have an example for that
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