Cost model - Revision history

Doug: Add links.

2024-08-10T05:34:39Z

Add links.

← Older revision		Revision as of 05:34, 10 August 2024
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	* [[Development]]		* [[Development]]
	* [[Expense]]		* [[Expense]]
			* [[Financial reporting]]
	* [[FRS 102]]		* [[FRS 102]]
	* [[IAS 16]]		* [[IAS 16]] (Tangible assets - Property, plant and equipment)
	* [[IAS 36]]		* [[IAS 36]]
	* [[IAS 38]]		* [[IAS 38]] (Intangible assets)
			* [[Impairment]]
	* [[Intangible assets]]		* [[Intangible assets]]
	* [[International Financial Reporting Standards]] (IFRS)		* [[International Financial Reporting Standards]] (IFRS)

Doug: Remove surplus links.

2023-10-11T11:41:40Z

Remove surplus links.

← Older revision		Revision as of 11:41, 11 October 2023
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	== Other resources ==		== Other resources ==
	*[https://www.iasplus.com/en/standards/ias/ias16 IAS 16 - IAS Plus]		*[https://www.iasplus.com/en/standards/ias/ias16 IAS 16 - IAS Plus]
	*[https://www.ifrs.org/content/dam/ifrs/publications/pdf-standards/english/2022/issued/part-a/ias-16-property-plant-and-equipment.pdf IAS 16 text - IFRS]
	*[https://www.iasplus.com/en/standards/ias/ias38 IAS 38 - IAS Plus]		*[https://www.iasplus.com/en/standards/ias/ias38 IAS 38 - IAS Plus]
	*[https://www.ifrs.org/content/dam/ifrs/publications/pdf-standards/english/2021/issued/part-a/ias-38-intangible-assets.pdf IAS 38 text - IFRS]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

Doug: Mend link.

2023-10-11T11:41:05Z

Mend link.

← Older revision		Revision as of 11:41, 11 October 2023
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	* [[Intangible assets]]		* [[Intangible assets]]
	* [[International Financial Reporting Standards]] (IFRS)		* [[International Financial Reporting Standards]] (IFRS)
	* [[Non-current ~~asseta~~]]		* [[Non-current assets]]
	* [[Recognition]]		* [[Recognition]]
	* [[Reporting entity]]		* [[Reporting entity]]

Doug: Mend link.

2023-10-11T11:34:33Z

Mend link.

← Older revision		Revision as of 11:34, 11 October 2023
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	* [[Balance sheet]]		* [[Balance sheet]]
	* [[Capitalise]]		* [[Capitalise]]
	* [[Cost ~~model~~]]		* [[Cost ]]
	* [[Depreciation]]		* [[Depreciation]]
	* [[Derecognition]]		* [[Derecognition]]
Line 21:		Line 21:
	* [[Intangible assets]]		* [[Intangible assets]]
	* [[International Financial Reporting Standards]] (IFRS)		* [[International Financial Reporting Standards]] (IFRS)
	* [[Non-current ~~asset~~]]		* [[Non-current asseta]]
	* [[Recognition]]		* [[Recognition]]
	* [[Reporting entity]]		* [[Reporting entity]]
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	*[https://www.iasplus.com/en/standards/ias/ias38 IAS 38 - IAS Plus]		*[https://www.iasplus.com/en/standards/ias/ias38 IAS 38 - IAS Plus]
	*[https://www.ifrs.org/content/dam/ifrs/publications/pdf-standards/english/2021/issued/part-a/ias-38-intangible-assets.pdf IAS 38 text - IFRS]		*[https://www.ifrs.org/content/dam/ifrs/publications/pdf-standards/english/2021/issued/part-a/ias-38-intangible-assets.pdf IAS 38 text - IFRS]

	~~[[Category:Accounting,_tax_and_regulation]]~~

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

Doug: Create page - source - AS Plus.

2023-10-11T11:34:10Z

Create page - source - AS Plus.

New page

''Financial reporting - non-current assets - IAS 16 - IAS 38.''

Under the cost model non-current assets are carried in the reporting entity's balance sheet at their historic cost, less accumulated depreciation, amortisation and impairment.

Under international financial reporting standards (IFRS), IAS 16 and IAS 38, reporting entities may choose to use either the cost model or the revaluation model.

== See also ==
* [[Amortisation]]
* [[Balance sheet]]
* [[Capitalise]]
* [[Cost model]]
* [[Depreciation]]
* [[Derecognition]]
* [[Development]]
* [[Expense]]
* [[FRS 102]]
* [[IAS 16]]
* [[IAS 36]]
* [[IAS 38]]
* [[Intangible assets]]
* [[International Financial Reporting Standards]] (IFRS)
* [[Non-current asset]]
* [[Recognition]]
* [[Reporting entity]]
* [[Research & development]]
* [[Revaluation]]
* [[Revaluation model]]
* [[US GAAP]]

== Other resources ==
*[https://www.iasplus.com/en/standards/ias/ias16 IAS 16 - IAS Plus]
*[https://www.ifrs.org/content/dam/ifrs/publications/pdf-standards/english/2022/issued/part-a/ias-16-property-plant-and-equipment.pdf IAS 16 text - IFRS]
*[https://www.iasplus.com/en/standards/ias/ias38 IAS 38 - IAS Plus]
*[https://www.ifrs.org/content/dam/ifrs/publications/pdf-standards/english/2021/issued/part-a/ias-38-intangible-assets.pdf IAS 38 text - IFRS]

[[Category:Accounting,_tax_and_regulation]]

[[Category:Accounting,_tax_and_regulation]]