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Property, Plant and Equipment (IAS 16)

 
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Property, Plant and Equipment (IAS 16)
danishayub_76
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#15
04-15-2011, 03:09 PM
Dear.
IAS 16 states that in Asset Exchange transaction the fair value of asset given up shall be used (if it is more reliable). So in this case, the fair value of asset given up is clearly mentioned while the acquired assets invoice price is given.

Regards,


<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by m_zeeshanuddin_sa</i>
<br />Dear Danish,

In this case we have the fair market value of the acquired Asset Available, i.e 32000
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
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Messages In This Thread
Property, Plant and Equipment (IAS 16) - by danishayub_76 - 03-30-2009, 06:19 PM
[No subject] - by nakaiun - 03-31-2009, 04:52 PM
[No subject] - by danishayub_76 - 03-31-2009, 06:01 PM
[No subject] - by nakaiun - 03-31-2009, 07:17 PM
[No subject] - by kamranACA - 03-31-2009, 11:44 PM
[No subject] - by danishayub_76 - 04-01-2009, 06:53 PM
[No subject] - by kamranACA - 04-01-2009, 08:04 PM
[No subject] - by m_zeeshanuddin_sa - 04-13-2009, 05:43 PM
[No subject] - by danishayub_76 - 04-14-2009, 08:11 PM
[No subject] - by danishayub_76 - 04-14-2009, 08:14 PM
[No subject] - by m_zeeshanuddin_sa - 04-17-2009, 04:05 PM
[No subject] - by m_zeeshanuddin_sa - 04-20-2009, 01:07 PM
[No subject] - by danishayub_76 - 04-20-2009, 02:01 PM
[No subject] - by m_zeeshanuddin_sa - 04-20-2009, 02:38 PM
[No subject] - by danishayub_76 - 04-15-2011, 03:09 PM

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