wconsulting.mu

Accounting for assets under IAS 2 and IAS 41
Venue Online - Microsoft Teams
Date Tuesday 20th May 2025
Time 09:30 - 12:30
Information In this session we will focus on the requirements of IAS 2 –Inventories and IAS 41-Biological assets in terms of the following key aspects:

IAS 2

  • Scope requirements
  • Definition of cost and net realisable value
  • Recognition and measurement principles
  • Implications for the techniques for measurement
  • NRV and cost analysis

    IAS 41

  • Scope of IAS 41
  • Definition of biological assets
  • Recognition and measurement
  • Bearer plants
  • Agricultural produce
  • Gains and losses
  • Inability to measure fair value reliably
  • Government grants
  • Assets outside the scope of IAS 41

    MQA Approval under Process
  • Presenter
    CPD Units 3 units on full attendance
    Seats Left 15
    Price Rs 5000
    Booking Deadline Tuesday 20th May 2025
    Map View Map