(BY TOPIC) Topics 1. Valuation and classification of land, buildings, and equipment. 2. Self-constructed assets, capitalization of overhead. 3. Capitalization of interest. Questions 1, 2, 3, 5, 6, 11, 12, 21 4, 7, 20, 21 Brief Exercises 1 Exercises 1, 2, 3, 4, 5, 13 Problems...
2. Self-constructedassets,capitalizationofoverhead. 5,8,20,21 4,6,12,16 2 3. Capitalizationofinterest. 8,9,10,11,13,21 2,3,4 4,5,7,8,9,10,16 1,5,6,7 3,4 4. Exchangesofassets 12,16,17 8,9,10,11,12 3,11,16,17,18, ...
Simple 10–15 E10-4 Purchase and self-constructed cost of assets. Moderate 20–25 E10-5 Treatment of various costs. Moderate 30–40 E10-6 Correction of improper cost entries. Moderate 15–20 E10-7 Capitalization of interest. Moderate 20–25 E10-8 Capitalization of interest. Moderate 20–25...
The cost of self- constructed assets includes the cost of materials and direct labour, any other costs directly attributable to bringing the asset to a working condition for its intended use, and the costs of dismantling and removing the items and restoring the site on which they are located....
An entity shall revalue its assets with sufficient regularity so that the carrying amount does not differ materially from its fair value at the end of the reporting period. If an item of property, plant and equipment is revalued, the entire class of property, plant and equipment to which tha...
My industry/size-based matched sample is constructed similar to Barth et al. (2008, p. 479): For each IFRS firm year, the difference in total assets of all HGB firms in the same (two-digit SIC) industry is computed. Of the available HGB firms per industry and year (i. e., ...