03-11-2010, 06:25 PM
Cleondann dude, stop doing this embarrasing advertisement in every single post
Macsav IAS 16 permits two accounting models
Cost model The asset is recorded initially at cost and then depreciated and impaired subsequently
Fair value model The Asset is recorded at its fair value, less any subsequent depreciation and impairement
On transfer of the flat, was there any cash involved?
Macsav IAS 16 permits two accounting models
Cost model The asset is recorded initially at cost and then depreciated and impaired subsequently
Fair value model The Asset is recorded at its fair value, less any subsequent depreciation and impairement
On transfer of the flat, was there any cash involved?