You havent touch bearer plants Sir, like fruit trees on which we can not apply IAS 41 but IAS 16. like tea bushes, and etcc. but we do apply IAS 41 on banana trees. because bearer plants are those which bear fruit for more than one period, used in production and supply of agriculture produce and has remote likelihood of sale
Mind blowing examples, well explained, let me know some thing in Income Tax Return where we can adjust biological assets value, or please tell the method of valuation of biological assets
Mind-blowing example, you are the boss of IAS/IFRS
Always like great Sir
great explanation sir
i was confusing both before watching this
Thanx sir for such an interesting video and sir plz upload a video about bearer plants...
Ur every video is informative thnx sir
Amazing 😍😊
How can we do accounting of assets for which fair value is unknown and the company is using the revaluation method? Kindly guide.
thanks sir
Maza agaya sir
Good video
Great sir...
Thanks for clearification...
Brilliant .........
You havent touch bearer plants Sir, like fruit trees on which we can not apply IAS 41 but IAS 16. like tea bushes, and etcc. but we do apply IAS 41 on banana trees. because bearer plants are those which bear fruit for more than one period, used in production and supply of agriculture produce and has remote likelihood of sale
Well Explained
Sir,for the tree example IAS 16 should be applied rather than IAS 41 right?
Mind blowing examples, well explained, let me know some thing in Income Tax Return where we can adjust biological assets value, or please tell the method of valuation of biological assets
This means biological assets only applies for living organisms and same as IAS41.
Amazing sir😁
Sir last ma jo ap ny wood wali example di ha wo bakry wali example ko disturb kr ri ha..
Very helpful for CA Far2
Haris Jahangir thanks
Bro you'r love 😍
How can we do accounting of assets for which fair value is unknown and the company is using the revaluation method? Kindly guide.
How can we do accounting of assets for which fair value is unknown and the company is using the revaluation method? Kindly guide.