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IAS 16 Property, Plant and Equipment – IFRSbox – Making …
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IAS 16 Property, Plant and Equipment – IFRSbox – Making …
Category: Industrial Fans Compressors Parts
Initial costs. Some items of property, plant and equipment might be necessary to acquire for safety or environmental reasons. Although they do not directly increase the future economic benefits, they might be inevitable to obtain future economic benefits from other assets and therefore, should be recognized as an asset.
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