I always do a search for my potential tenants and see if I can find any information that would help me make an informed decision. For example, a young couple once applied for one of my apartment units that do not allow pets. However, upon checking her Facebook profile page, we ...
OK, let me reply. First of all, there are strict conditions to classify asset as held for sale under IFRS 5, so the question is if you met the conditions to classify since you did not sell. Secondly, revise the following article that gives quite a good response:https://www.cpdbox.com...
If you’re using your building or land for the first 2 purposes, then you should apply IAS 16; and the standard IAS 2 Inventories fits when you use them for the sale in ordinary course of business. Examples of investment property What specifically can be classified as investment property?
I always do a search for my potential tenants and see if I can find any information that would help me make an informed decision. For example, a young couple once applied for one of my apartment units that do not allow pets. However, upon checking her Facebook profile page, we ...