First determine whether particular production facility is impaired or not. For this, you need to compare carrying value with the the value in use. If carrying amount exceeds value in use, you.need to provide for impairment loss.
Should you need further explanation, pl do not hesitate to ping me.
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Siva Sai Hari Bhaskar Neti CMA,CPA,ACMA,CA,CFE,CGMA,CISA
Director/Manager
VISAKHAPATNAM
India
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Original Message:
Sent: 02-20-2019 04:09 PM
From: Ahmed Sayed Abdelaziz
Subject: the Unused production Assets in plant
Hi
How to account for the depreciation cost and maintenance for Unused production line in the plant ?
Thanks
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[Ahmed] [Hussein Sayed]
[Chief accountant ]
[Advanced Vision Electro Mechanical]
[Jeddah]
[Kingdom of Saudi Arabia ]
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