Scope of MFRS 141

Comienza Ya. Es Gratis
ó regístrate con tu dirección de correo electrónico
Scope of MFRS 141 por Mind Map: Scope of MFRS 141

1. Biological Assets

1.1. A living animal or plant

1.2. Specific Recognition Conditions: 1. Entity Control 2. Probable future economic benefit associated 3. Fair Value or Cost can measure reliable

1.3. Fair Value - Cost to Sell

2. Agricultural Produce (Harvest)

2.1. Specific Recognition Conditions: - Risk & Reward of ownership

2.2. Fair Value - Cost to Sell (at point of harvest)

2.3. Harvested produce of the Biological Asset

3. Government Grants