This document provides background information on International Accounting Standard 16 (IAS 16) regarding property, plant, and equipment. It outlines the history and revisions of IAS 16 from 1982 to 2005. It also includes sections on key definitions such as cost, depreciation, fair value, and impairment. The purpose of IAS 16 is to prescribe accounting policies for property, plant, and equipment to help users understand an entity's investment in these assets.
A presentation on Property, Plant & Equipment (PPE)-IAS 16, Prepared by a few students of Dept. of Accounting & Info. Systems, Jahangirnagar University, Savar, Dhaka
Hi Everyone,
In this Powerpoint Presentation I have discussed about the Accounting Standard-10 on Property, Plant & Equipment issued by ICAI. I have covered all the major topics such as measurement of PPE, Depreciation(Which was previously covered under AS-6 now deleted), Initial Recognition, Subsequent Recognition etc.
Fixed Assets Accounting is very essential for matching costs with revenues. A fixed asset is an asset held with the intention of being used for producing goods. Check the above presentation for in-depth details.
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A presentation on Property, Plant & Equipment (PPE)-IAS 16, Prepared by a few students of Dept. of Accounting & Info. Systems, Jahangirnagar University, Savar, Dhaka
Hi Everyone,
In this Powerpoint Presentation I have discussed about the Accounting Standard-10 on Property, Plant & Equipment issued by ICAI. I have covered all the major topics such as measurement of PPE, Depreciation(Which was previously covered under AS-6 now deleted), Initial Recognition, Subsequent Recognition etc.
Fixed Assets Accounting is very essential for matching costs with revenues. A fixed asset is an asset held with the intention of being used for producing goods. Check the above presentation for in-depth details.
For more such innovative content on management studies, join WeSchool PGDM-DLP Program: http://bit.ly/SlideshareFaccounting
Join us on Facebook: http://www.facebook.com/welearnindia
Follow us on Twitter: https://twitter.com/WeLearnIndia
Read our latest blog at: http://welearnindia.wordpress.com
Subscribe to our Slideshare Channel: http://www.slideshare.net/welingkarDLP
B-10.01 The following selected account balances were taken from t.docxikirkton
B-10.01 The following selected account balances were taken from the general ledger of Vance Corporation as of December 31, 20X7. Examine this information and prepare the property, plant & equipment section of the company's balance sheet. All accounts listed carry a normal balance.Land$ 500,000Buildings1,650,000Equipment2,860,000Accumulated depreciation: Buildings472,000Accumulated depreciation: Equipment1,333,400Depreciation expense: Buildings125,000Depreciation expense: Equipment278,111
&R&"Myriad Web Pro,Bold"&20B-10.01
B-10.01
Worksheet B-10.01 Property, Plant & Equipment
&L&"Myriad Web Pro,Bold"Name:
Date: Section: &R&"Myriad Web Pro,Bold"&20B-10.01
B-10.01
B-10.02Sonjay Motors recently purchased a new sign to be erected in front of its dealership. The sign company that produced the sign had a standard price for this item at $25,000, but Sonjay was able to negotiate a 20% discount from standard. In addition, the sign company paid $1,200 of freight costs to deliver the sign to Sonjay. Sonjay hired an electrician for $1,300 to wire the new sign's lighting. In addition, Sonjay rented a crane for $800 and paid an installation crew $1,600 to erect the sign. The city required Sonjay to pay a one-time sign inspection fee of $500. Furthermore, Sonjay had to obtain an annual permit at a cost of $50 for the first year. During installation, the crew accidentally damaged an adjoining neighbor's landscaping, and Sonjay paid $750 to clean and repair those problems.Determine the correct cost allocation to the sign, and prepare a journal entry to reflect the total expenditures related to this acquisition.
B-10.02
Worksheet B-10.02The sign cost is computed as follows:GENERAL JOURNAL DateAccountsDebitCredit
B-10.02
B-10.03Evaluate the following costs and decide if each is a "capital expenditure" or not. Then, if a capital expenditure, decide which account the cost should be recorded in: Land, Land Improvement, Building, or Equipment. The first item is done as an example.CapitalCategoryYesNoLandLand ImprovementBuildingEquipmentDelivery cost of new furniture✓✓Wages paid to guard at office buildingFees for title insurance on land purchaseCost of periodic repainting of parking lotCost of building new sidewalksInterest costs on loan to buy equipmentComputer training class on general commercial software packageInterest cost on loan during construction period for new buildingArchitects fees for new buildingInstallation and setup costs on new machineryRepair of damage to device broken during initial installationSafety violation fines at construction siteTap fees for connecting new building to city water system
B-10.03
Worksheet B-10.03CapitalCategoryYesNoLandLand ImprovementBuildingEquipmentDelivery cost of new furniture✓✓Wages paid to guard at office buildingFees for title insurance on land purchaseCost of periodic repainting of parking lotCost of building new sidewalksInterest costs on loan to buy equipmentComputer trai ...
E8-3E8-3 The ledger of Hixson Company at the end of the current ye.docxjacksnathalie
E8-3E8-3 The ledger of Hixson Company at the end of the current year shows AccountsReceivable $120,000, Sales $840,000, and Sales Returns and Allowances $30,000.Journalize TransactionsJournalize entries to record allowance for doubtful accounts using two different bases.(a) If Hixson uses the direct write-off method to account for uncollectible accounts, journalize the adjusting entry at December 31, assuming Hixson determines that Fell’s $1,400 balance is uncollectible.DATEACCOUNT TITLEDEBITCREDIT(b) If Allowance for Doubtful Accounts has a credit balance of $2,100 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be (1) 1% ofnet sales, and (2) 10% of accounts receivable.DATEACCOUNT TITLEDEBITCREDITDATEACCOUNT TITLEDEBITCREDIT(c) If Allowance for Doubtful Accounts has a debit balance of $200 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be (1) 0.75% of netsales and (2) 6% of accounts receivable.DATEACCOUNT TITLEDEBITCREDITDATEACCOUNT TITLEDEBITCREDIT
BE9-13BE9-13 Information related to plant assets, natural resources, and intangibles at the end of2011 for Spain Company is as follows: buildings $1,100,000; accumulated depreciation—buildings$650,000; goodwill $410,000; coal mine $500,000; accumulated depletion—coal mine $108,000.Objective: Classify long-lived assets on
balance sheet.Prepare a partial balance sheet of Spain Company for these items.SPAIN COMPANYBalance Sheet (partial)12/31/11Property, plant, and equipment$00$0000$0Intangible assets0On above, line titles and appropriate amounts need to be entered.
E9-2E9-2 Trudy Company incurred the following costs.InstructionsIndicate to which account Trudy would debit each of the costs.Account1. Sales tax on factory machinery purchased $ 5,0002. Painting of and lettering on truck immediately upon purchase 7003. Installation and testing of factory machinery 2,0004. Real estate broker’s commission on land purchased 3,5005. Insurance premium paid for first year’s insurance on new truck 8806. Cost of landscaping on property purchased 7,2007. Cost of paving parking lot for new building constructed 17,9008. Cost of clearing, draining, and filling land 13,3009. Architect’s fees on self-constructed building 10,000
DataQ1Q2Q3MapleCherryBambooOakMahoganyMapleCherryBambooOakMahoganyMapleCherryBambooOakMahoganyEastBoston343335040059278387674942552933400334911927913570292678859594357514800148741Buffalo551084661642227366002632558616495745523825411568295872425748418352636438650Baltimore503404881952110508114649126024303602539149386508234634358557494185542947651Charlotte518195067555228393605561731578384433002836078436202556158385567194388036962SouthAtlanta334924786131768523225836834451469273083548866581503676943545475143615533909Jacksonville440452822655938471953083749984547094876659721439884823755808436794076146003New Orleans337854829048281496132758647462470705220043127363372564534140374902876051592M ...
396
Chapter
Plant Assets, Natural
Resources, and
Intangible Assets
After studying this chapter, you should be
able to:
1 Describe how the cost principle applies
to plant assets.
2 Explain the concept of depreciation.
3 Compute periodic depreciation using
different methods.
4 Describe the procedure for revising
periodic depreciation.
5 Distinguish between revenue and
capital expenditures, and explain the
entries for each.
6 Explain how to account for the disposal
of a plant asset.
7 Compute periodic depletion of natural
resources.
8 Explain the basic issues related to
accounting for intangible assets.
9 Indicate how plant assets, natural
resources, and intangible assets are
reported.
S T U D Y O B J E C T I V E S
Feature Story
The Navigator✓
9
HOW MUCH FOR A RIDE TO THE BEACH?
It’s spring break. Your plane has landed, you’ve finally found your bags, and
you’re dying to hit the beach—but first you need a “vehicular unit” to get
Scan Study Objectives ■
Read Feature Story ■
Read Preview ■
Read text and answer
p. 402 ■ p. 409 ■ p. 412 ■ p. 417 ■
Work Comprehensive p. 421 ■
p. 422 ■
Review Summary of Study Objectives ■
Answer Self-Study Questions ■
Complete Assignments ■
The Navigator✓
Do it!
Do it!
JWCL165_c09_396-443.qxd 8/4/09 9:39 PM Page 396
397
you there. As you turn
away from baggage claim
you see a long row of
rental agency booths.
Many are names you are
familiar with—Hertz, Avis,
and Budget. But a booth
at the far end catches your
eye—Rent-A-Wreck
(www.rent-a-wreck.com).
Now there’s a company
making a clear statement!
Any company that relies
on equipment to generate
revenues must make decisions about what kind of equipment to buy, how
long to keep it, and how vigorously to maintain it. Rent-A-Wreck has decided
to rent used rather than new cars and trucks. It rents these vehicles across
the United States, Europe, and Asia. While the big-name agencies push
vehicles with that “new car smell,” Rent-A-Wreck competes on price. The
message is simple: Rent a used car and save some cash. It’s not a message
that appeals to everyone. If you’re a marketing executive wanting to impress
a big client, you probably don’t want to pull up in a Rent-A-Wreck car. But if
you want to get from point A to point B for the minimum cash per mile, then
they are playing your tune. The company’s message seems to be getting
across to the right clientele. Revenues have increased significantly.
When you rent a car from Rent-A-Wreck, you are renting from an independ-
ent business person who has paid a “franchise fee” for the right to use the
Rent-A-Wreck name. In order to gain a franchise, he or she must meet finan-
cial and other criteria, and must agree to run the rental agency according to
rules prescribed by Rent-A-Wreck. Some of these rules require that each fran-
chise maintain its cars in a reasonable fashion. This ensures that, though you
won’t be cruising down Daytona Beach’s Atlantic Avenue in a Mercedes con-
ver.
Rodel S. Navarro; Business and Management Consultant and Director; RODEL SY NAVARRO BUSINESS CONSULTANCY SERVICES (RSNBCS); Tel / Mobile: +63-0917-7333563; Email: rsnbcs@gmail.com http://www.slideshare.net/RSNBCS; (About Business Laws compilation): http://www.slideshare.net/BUSINESSLAWSPH Email: businesslawsph@gmail.com; https://www.slideshare.net/FREEPDFBOOKSPH; freepdfbooksph@gmail.com; www.slideshare.net/IFRS_IAS_COMPILED; ifrs.ias.compiled@gmail.com
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3. 08/09/13IAS 16 Property, Plant and Equipment 3
History of IAS 16
August 1980 Exposure Draft E18 Accounting for Property, Plant and
Equipment in the Context of the Historical Cost System
March 1982 IAS 16 Accounting for Property, Plant and Equipment
1 January
1983
Effective Date of IAS 16 (1982)
May 1992 Exposure Draft E43 Property, Plant and Equipment
December
1993
IAS 16 Accounting for Property, Plant and Equipment
(revised as part of the 'Comparability of Financial
Statements' project based on E32)
4. 08/09/13IAS 16 Property, Plant and Equipment 4
History of IAS 16
1 January
1995
Effective Date of IAS 16 (1993) Property, Plant and
Equipment
1998 IAS 16 was revised by IAS 36 Impairment of Assets
1 July 1999 IAS 16 (1998) effective date of 1998 revisions to IAS 16
18 December
2003
Revised version of IAS 16 issued by the IASB
The summary below reflects those revisions.
1 January
2005
Effective date of IAS 16 (Revised 2003)
5. Standard Number Standard Name
IAS17 Leases الجيجار عقود
IAS 20 Accounting for government grants and disclosure of
government assistance
الحكومية المساعدات عن والصفصاح الحكومية المنح محاسبة
IAS 23 Borrowing costs التقتراض تكاليف
IAS 36 Impairment of assets الوصول قيمة إنخفاض
IAS 40 Investment property استثمارجية عقارات
IFRS 2 Share-based payment السهم أساس على الدصفع
IFRS 5 Non-current assets held for sale and discontinued
operations
المتوتقفة والعمليات البيع برسم بها المحتفظ المتداولة غير الوصول
08/09/13
IAS 16 Property, Plant and Equipment
5
7. Future economic benefitsFuture economic benefits
Measured reliablyMeasured reliably
Delivery &
handling
Delivery &
handling
Site
preparation
Site
preparation
Dismantling
costs
Dismantling
costs
Purchase pricePurchase price
Revaluation
model
Revaluation
model
Cost ModelCost Model
Recognized in
profit /loss
statement
Recognized in
profit /loss
statement
IAS 16
Property,
Plant &
Equipmen
t
IAS 16
Property,
Plant &
Equipmen
t
Recognitio
n
Measuremen
t @
recognition
Measurement
after
recognition
De-
recognition
depreciatio
n
Systematic
basis over
useful life
Systematic
basis over
useful life
On disposalOn disposal
No expected
benefits from its
use
No expected
benefits from its
use
Reduction in
value
Reduction in
value
OverviewOverview
08/09/13
IAS 16 Property, Plant and Equipment
7
8. To prescribe the
accounting treatment for
property, plant and
equipment so that users of
the financial statements
can discern information
about an entity’s
investment in its property,
plant and equipment and
the changes in such
investment.
08/09/13IAS 16 Property, Plant and Equipment 8
تالمحاسبية جةجالمعالج جدجحدي
والمعدات والمصانع للممتلكات
البيانات مستخدمو يتمكن حتى
من ججقجالتحق ججنجم ججةجالمالي
باستثمار تتعلق التي المعلومات
الممتلكات في المنشأججججة
الخاصة والمعدات والمصجانع
.الستثمار في والتغييرات بها
10. 08/09/13IAS 16 Property, Plant and Equipment 10
Property, plant and
equipment are tangible
assets that:
Are held for use in the
production or supply of
goods or services, for
rental to others, or for
administrative purposes
Are expected to be used
during more than one
period.
هي والمعدات والمصجانع الممتلكات
ملموسة أصول:
•أجل مجن المشروع بهجا يحتفجظ
تزويد جوجأ إنتاج جيجف جتخدامهاجإس
،والخدمات البضائججعلليجار أو
إدارية؛ لرغراض أو للغير
•أكثر خلل إسجتخدامها المتوقجع مجن
واحدة فترة من.
11. Carrying amount is the amount at which an asset
is recognised after deducting any accumulated
depreciation and accumulated impairment losses.
المرححل المبلحغالميزانية ففي لللصفل بفه المعترف المبلفغ هفو
في إنخفاض خسائر وأية متراكم إستهل ك أي خصم بعد العمومية
قيمته.
08/09/13IAS 16 Property, Plant and Equipment 11
12. Cost is the amount of cash or cash equivalents paid
or the fair value of the other consideration given to
acquire an asset at the time of its acquisition or
construction.
التكلفةالقيمة أو المدفوع النقدية يعادل ما أو النقدية مبلغ هي
أو شرائه وقت في اللصل على للحصول المعطى للمقابل العادلة
إنشائه.
08/09/13IAS 16 Property, Plant and Equipment 12
13. Depreciable amount is
the cost of an asset, or
other amount substituted
for cost, less its residual
value.
Depreciation is the
systematic allocation of
the depreciable amount
of an asset over its
useful life.
08/09/13IAS 16 Property, Plant and Equipment 13
للتستهل ك القابلة القيمة
مبلغ أي أو اللصل تكلفة هي
القوائم في محله يحل آخر
الخرد قيمة صاًا ناق المالية.ة
التستهل كالتوزيع هو
القابلة للقيمة المنتظم
مدى على لللصل للستهل ك
النتاجية حياته.
14. Entity-specific
value is the present
value of the cash
flows an entity
expects to arise from
the continuing use of
an asset and from its
disposal at the end of
its useful life or
expects to incur when
settling a liability.
08/09/13IAS 16 Property, Plant and Equipment 14
الخاصحة القيمحةمعينة بمنشأفة
للتدفقات الحالية فةفالقيم فيفه
المنشأة فعفتتوق فيفالت فةفالنقدي
الستخدام مفففن نشوءهفففا
من و لللصففل المسففتمر
عمره نهاية ففي بفه التصفرف
أن تتوقفع التفي أفو النتاجفي
اللتزام تسوية عند تتكبدها.
15. Fair value is the
amount for which an
asset could be
exchanged between
knowledgeable, willing
parties to exchange.
An impairment loss is
the amount by which
the carrying amount of
an asset exceeds its
recoverable amount.
08/09/13IAS 16 Property, Plant and Equipment 15
العادلة القيمةالذي المبلغ هي
به اللصل مبادلة تتم أن يمكن
وراغبة مطلعة أطراف بين
به.بحت تجاري أساس على
القيمة إنخفاض خسارةهي
المرحل المبلغ زيادة مقدار
القابل مبلغه عن لللصل
للسترداد.
16. Recoverable amount
is the higher of an
asset’s net selling
price and its value in
use.
The residual value of
an asset is the
estimated amount that
an entity would
currently obtain from
disposal of the asset
08/09/13IAS 16 Property, Plant and Equipment 16
للتسترداد القابل المبلغ
أو اللصل بيع سعر لصافي
أعلى أيهما ،إستخدامه قيمة.
للصل المتبقية القيمةهو
تحصل الذي المقدر المبلغ
من حاليا المنشأة عليه
بعد ،باللصل التصرف
المقدرة التكاليف إقتطاع
للتصرف.
17. 08/09/13IAS 16 Property, Plant and Equipment 17
النتاجية الحياة:
•أو المشروع؛ قبل من خللها الصل إتستخدام المتوقع الزمنية الفترة
•الصل من عليها الحصول المشروع يتوقع التي المماثلة الوحدات أو النتاج وحدات عدد.
Useful life is:
•The period over which an asset is expected to be
available for use by an entity; or
•The number of production or similar units
expected to be obtained from the asset by an
entity.
18. The cost of an item of property,
plant and equipment shall be
recognised as an asset if, and only
if:
a) It is probable that future
economic benefits associated
with the item will flow to the
entity,
b) The cost of the item can be
measure reliably.
08/09/13IAS 16 Property, Plant and Equipment 18
ففنفأ ففبفيجالممتلكات ببند يعترف
عندما كألصل والمعدات والمصانع:
(أالمنافع أن المحتمل من يكون
من تتدفق سوف المستقبلية القتصادية
المشروع؛ إلى اللصل
(بعلى اللصل تكلفة قياس يمكن
بموثوقية المشروع.
19. 08/09/13IAS 16 Property, Plant and Equipment 19
و الممتلكات عنصر تكافحة تتألحف
: من المعدات و المصانع
1رسوم ذلك في بما شرائه سعر .
غير الشراء ضرائفب و السفتيراد
و التجاري الخصم بعفد المسفتردة
.الحسم
2مباشرة أخرى تكاليف أيففة .
حالة فيفف فلفاللص فعفلوض متكبدة
للستخدام اًاجاهز التشغيل
3و تفكيك لتكاليف الولي التقدير .
الموقع فتردادفاس و فدفالبن فةفازال
فيه الموجود
The cost of an item of
property, plant and
equipment comprises:
a.Its purchase price , including import
duties and non-refundable purchase
taxes
b.Any costs directly attributable to
bringing the asset to the location
c.The initial estimate of the costs of
dismantling and removing the item and
restoring the site on which it is located
22. 08/09/13IAS 16 Property, Plant and Equipment 22
1.Cost of the plant = $2,500,000
2. delivery & handling costs = $200,000
3. site preparation = $600,000
4. Consultants used for advice on the acquisition of the plant =
$700,000
5. Interest charges paid to supplier of plant for deferred credit =
$200,000
6. Estimated dismantling costs to be incurred after 7 years =
$300,000
7. Operating losses before commercial production = $400,000
Example:
ABC Co. is installing a new plant at its production facility. It
has incurred these costs:
23. 08/09/13IAS 16 Property, Plant and Equipment 23
Example
Which costs of ABC Co. can be included
in the cost of the plant in accordance
with IAS 16?
24. 08/09/13IAS 16 Property, Plant and Equipment 24
Solution
1. Cost of the plant $2,500,000
2. Initial delivery and handling costs 200,000
3. Cost of site preparation 600,000
4. Consultant’s fees 700,000
5. Estimated dismantling costs
to be incurred after 7 years 300,000
Total Cost Capitalized $4,300,000
25. 08/09/13IAS 16 Property, Plant and Equipment 25
An entity shall choose
either the cost model or the
revaluation model as its
accounting policy.
a)Cost Model
b) Revaluation Model
التكلفة نموذج مامإم مةمالمنشأ تختار
كسياسة التقييم إعادة نموذج أو الوارد
بتطبيق وتقوم بهما خاصمة محاسمبية
من كاملمة فئمة علمى السمياسة تلمك
والمصانع الممتلكات
(أنموالتكلفة ذج
التقييم إعادة ب(نموذج
26. 08/09/13IAS 16 Property, Plant and Equipment 26
Cost Model: After recognition, an item of property, plant
and equipment shall be carried at its cost less any
accumulated depreciation and any accumulated impairment
losses.
:التكلفة نموذجأنه على والمعدات والمصانع الممتلكات ببند العتراف بعد
متراكم إستهل ك أي منه اً مطروح تكلفته بسعر البند هذا تسجيل يتم ،أصل
القيمة لنخفاض متراكمة خسائر وأية.
27. 08/09/13IAS 16 Property, Plant and Equipment 27
Revaluation Model: After recognition, an item of property,
plant and equipment whose fair value can be measured reliably
shall be carried at a devalued amount, being its fair value at the
date of the revaluation less any subsequent accumulated
depreciation and subsequent accumulated impairment losses.
والمصانع الممتلكات بند يظهر أن يجب ،بالصل الولي العتراف بعد
إعادة بتاريخ العادلمة القيممة تسماوى التمي التقييمم إعادة بمبلمغ والمعدات
في متراكمة لحقة خسائر وأية لحق متراكم إستهل ك أي صاً ناق التقييم
القيمة إنخفاض.
28. ◦ Each item of property, plant
and equipment shall be
depreciated.
◦ Depreciation charge for each
period shall be recognised in
profit or loss.
◦ The depreciable amount of
an asset shall be allocated on
a systematic basis over its
useful life.
08/09/13IAS 16 Property, Plant and Equipment 28
◦جزء كل إستهل ك منفصل بشكل يتم
والمصانع الممتلكات ممدمبن ممنمم
والمعدات.
◦لكل الستهل ك بتكلفة العتراف يتم
إل الخسارة أو الربح حساب في فترة
المسجل المبلمغ فمي تضمينهما تمم إذا
آخر لصل.
◦للستهل ك القابل المبلغ تخصيص يتم
منتظم أسماس علمى بالصمل الخاص
النتاجي عمره خل ل
29. o Some Depreciation
Methods
Straight-line method,
The diminishing balance
method
The units of production
method.
08/09/13IAS 16 Property, Plant and Equipment 29
الثابت القسط طريقة
المتناقص الرصيد طريقة
النتاج وحدات طريقة
oالتستهلك طرق بعض
30. ◦ The depreciation method
applied to an asset shall be
reviewed at least at each
financial year-end
08/09/13IAS 16 Property, Plant and Equipment 30
◦طريقة مراجعة تتم
على المطبقة الستهل ك
نهاية في القل على الصل
مالية سنة كل
31. 08/09/13IAS 16 Property, Plant and Equipment 31
How PPE are stated in
Balance sheet and Income statement
32. Impairment, as defined by IAS 36, is a situation that
occurs when the recoverable amount of an item
declines below the carrying amount.
،والمعدات والمصانع الممتلكات بنود من بند أي قيمة إنخفضت إذا ما لتحديد
الدولي معيارالمحاسبة المنشأة تطبق36ذلك ويفسر .الوصول قيمة إنخفاض
المبلغ تحديد وكيفية لوصولها المسجل المبلغ بمراجعة المنشأة قيام كيفية المعيار
بخسارة التعتراف إلغاء أو بالتعتراف تقوم ومتى للوصل للسترداد القابل
القيمة إنخفاض.
08/09/13IAS 16 Property, Plant and Equipment 32
33. ◦ The carrying amount of an
item of property, plant and
equipment shall be
derecognised:
on disposal; or
when no future economic
benefits are expected
from its use or disposal.
08/09/13IAS 16 Property, Plant and Equipment 33
•بالمبلغ التعتراف إلغاء يتتتم
بنود من بنتتد لتتي المستتجل
والمعدات والمصانع الممتلكات:
أو به؛ التصرف تعند
منافع أية توقع يتم ل تعندما
أو إستخدامه من مستقبلية إقتصادية
به التصرف.
34. ◦ If an entity recognises in the
carrying amount of an item of
property, plant and equipment
the cost of a replacement for
part of the item, then it
derecognises the carrying
amount of the replaced part
regardless of whether the
replaced part had been
depreciated separately.
08/09/13IAS 16 Property, Plant and Equipment 34
•بموجب ،المنشأتة قامتت إذا
في الوارد التعتراف مبدأ
الفقرة7بالمبلغ بالتعتراف ،
الممتلكات لبند تتجلتالمس
بتكلفة والمعدات والمصتانع
،البند متن جزء أي إستتبدال
التعتراف بإلغاء تقوم تعندها
للجزء المسجل تتغتبالمبل
تعما النظتر بغتض المستتبدل
الجزء إستهل ك تتمتت إذا
منفصل بشكل المستبدل.
36. 08/09/13IAS 16 Property, Plant and Equipment 36
المعيار هذا المنشأة ستطبق
السنوية المالية البيانات تعلى
تبدأ التي الفترات تغطي التي
في1يناير2005بعد أو
التاريخ ذلك
An entity shall apply this
Standard for annual
periods beginning on or
after 1 January 2005.