Bearer Plants under IAS 16: Cost Build-up & Depreciation
This lesson is part of the course
In this lesson
You capitalise the cost of Kerrow Vale's new apple orchard until it is mature, depreciate it over its useful life, and roll the carrying amount forward five years.
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Lessons in this course
- Scope of IAS 41: Biological Asset, Bearer Plant or Produce? Locked
- Fair Value Less Costs to Sell for Livestock Locked
- Splitting the Fair Value Gain: Price Change vs Physical Change Locked
- Fair Value of Growing Timber by Present Value (No Market Price) Locked
- Agricultural Produce at Harvest: FVLCTS Becomes Inventory Cost Locked
- Bearer Plants under IAS 16: Cost Build-up & Depreciation Locked
- Government Grants for Biological Assets (IAS 41.34–38) Locked
- Reconciliation of the Carrying Amount (IAS 41.50) with a Waterfall Chart Locked