Hello sir! Ask ko lang po paano kapag hindi naclassify as held for sale ang isang NCA pero nabenta po agad yung asset the same day na nagdecide ang company to sell it? Does it violate PFRS 5?
I think if that's the case, non-current assets are not easily liquated which means ito mo ito kagad macoconvert into cash, halimbawa yung building (which is non-current assets) hindi naman ito mabebenta within that day when the business decides to sell it.
The only exception is when a company regularly sells assets normally considered as non-current. In this case, these sales represent one of primary activities and the related assets are inventories in fact. For example, a car dealer presents all vehicles for resale under IAS 2 Inventories, not under IFRS 5. So ibig sabihin since ang car is considered an equipment, but if there's a case when the company sells it regularly, then considered ito as inventory and not as non-current asset held for sale.
Bakit po 7.5m parin yung ncahs for example no.2 kung nagka impairment po for cost to sell
Thank you, Sir. Your video lecture helped a lot in understanding PFRS 5.
24:31
error? building wasnt the one reclassified as hfs it was the equipment?
Yung gain on sale po ba e 500k po or dapat po ba 1.2M sa illustration no. 2 po?
Oo nga no? Hindi pala 6.8M ang carrying amount nya?
1.2m po ang dapat na gain 'no?
Opo 1.2M sana kasi 6.8M na ang CA kasi nag credit tayo sa CA ng IL
Sir diba po e minus mo ang CoD sa FV so bali 6,800,000 na ang CA as of 2023 then SP na 8,000,000. Then ang gain on sale is 1,200,000? Tama po ba?
Same concern.
Nasagot na po ba to? Same question
Hello po, nasagot na po ba'to?
Thank you po Prof. Rain!
Thanks sir. ❤️ Request po sana topic SHE 😊
Request lesson po sana Process costing 😊
Thanks po ulit
Salamat po sa tutorial niyo po☺️
lezzgoooo
thank you so much sir! 😊
Thank you, sir!
Hello sir! Ask ko lang po paano kapag hindi naclassify as held for sale ang isang NCA pero nabenta po agad yung asset the same day na nagdecide ang company to sell it? Does it violate PFRS 5?
I think if that's the case, non-current assets are not easily liquated which means ito mo ito kagad macoconvert into cash, halimbawa yung building (which is non-current assets) hindi naman ito mabebenta within that day when the business decides to sell it.
The only exception is when a company regularly sells assets normally considered as non-current. In this case, these sales represent one of primary activities and the related assets are inventories in fact. For example, a car dealer presents all vehicles for resale under IAS 2 Inventories, not under IFRS 5. So ibig sabihin since ang car is considered an equipment, but if there's a case when the company sells it regularly, then considered ito as inventory and not as non-current asset held for sale.
Hello, Sir! What if po same ang CA and FVLCTS, ano po ang measurement?
Thank you po, sir!
Thank you for the video ! Leases po please, IFRS 16.
Thank you po sir
Sir ano pong gamit nyong book at author?
thank you so much sir
hello sir pwede po bang PFRS 1 naman po yung next? thank you po sir
THANK YOU SIR
Thanks po Sir
Thank you sir. SHE din po sana 🙏🙏
Salamat. Meron na.
Thanks po!
just a quick question po. Is non current assets held for sale still a current asset regardless kung kelan sya mabebenta??
very informative, thank u sir
Thank you sir!🥰
thank you sir!
sir, leases rin po sana hehe need sorianotes lalo na sa sale and leaseback :
Borrowing cost po sana😍
Thank you po, sir!