搜尋結果
A construction contract is a contract specifically negotiated for the construction of an asset or a combination of assets that are closely interrelated or interdependent in terms of their design, technology and function or their ultimate purpose or use.
- Property, Plant and Equipment - Hong Kong Institute of Certified Public ...
IN3 For HKAS 16 the HKICPA’s main objective was a ...
- Revenue recognition considerations in the engineering and construction ...
Measurement of progress: Similar to HKAS 11, there are ...
- Property, Plant and Equipment - Hong Kong Institute of Certified Public ...
structural changes once construction is in progress (whether or not it exercises that ability). When HKAS 11 applies, the construction contract also includes any contracts or components for the rendering of services that are directly related to the construction of
其他人也問了
What is HKAS 11 construction contract?
What is Hong Kong accounting standard 11 construction contracts?
What if a construction contract is not a HKAS 18 agreement?
When does HKAS 11 apply?
What is HKAS 11?
What is construction in progress?
IN3 For HKAS 16 the HKICPA’s main objective was a limited revision to provide additional guidance and clarification on selected matters. The HKICPA did not reconsider the fundamental approach to the accounting for property, plant and equipment contained
- 645KB
- 64
Construction in progress represented the expenditure made for construction of property, plant and equipment for provision of services or administrative purpose. Construction in progress are carried at cost less any recognised impairment loss.
a) work in progress arising under construction contracts, including directly related service contracts (see HKAS 11 Objective and Scope of HKAS 2 including directly related service contracts (see HKAS 11 Construction Contracts); b) financial instruments; and
- 1MB
- 67
Measurement of progress: Similar to HKAS 11, there are various methods that an entity might use to measure an entity’s progress in transferring a good or service to a customer under HKFRS 15.
An agreement for the construction of real estate meets the definition of a construction contract when the buyer is able to specify: the major structural elements of the design of the real estate before construction begins; and/or. major structural changes once construction is in progress (whether or not it exercises that ability). 6.
