05-19-2011, 09:02 PM
According to the financial reporting framework, trees can be capitalised if they bring economic resources to the entity. This, for example, will be the case when the company is a furniture manufacturer and has its own trees. The trees in this case will bring revenue in the form of finished furniture.
One criteria may be hard to apply reliable estimate of the value of trees.
One criteria may be hard to apply reliable estimate of the value of trees.