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Accounting for proceeds and costs of testing on PPE

IAS 16 Property, Plant and Equipment: Accounting for proceeds and cost of testing PPE: should net proceeds reduce cost of asset?


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IAS 16 Property, Plant and Equipment: Accounting for proceeds and cost of testing PPE: should net proceeds reduce cost of asset?

The issue is to clarify accounting for the net proceeds from selling any items produced while bringing an item of property, plant and equipment (PPE).

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