ACCAF3(9-10)学生.pptVIP

Chapter 9 Tangible non-current assets Objectives: Capital and revenue expenditure Depreciation Define and explain the purpose Calculate the annual depreciation charge Account for depreciation Account for the revaluation of non-current asset Account for the disposal of a non-current asset Understand the provisions of IAS 16 Definitions (IAS 16) Definitions(P173) Non-current asset Recognition Initial measurement principle: once an item of property plant and equipment qualifies for recognition as an asset,it will initially be measured at cost DR. Non-current asset ---cost CR. Cash (or payable if credit transaction ) Components of cost Exchange of assets cost of an item obtained through (part )exchange is the fair value of the asset received (unless this cannot be measured reliably) 换入的资产按公允价值入账，计入资产成本 1. capital and revenue expenditure Capital expenditure is expenditure which result in the acquisition of non-current assets. or an improvement in their earning capacity. 支出的效益与几个会计年度有关 Revenue expenditure is expenditure which is incurred for the purpose of the trade or to maintain the existing earning capacity of non current assets. 支出的效益只与本年度有关 区分两者的目的是为了正确计算当期损益，并在相应的报表中反映。 Capital income and revenue income Capital income is the proceeds from the sale of non-trading assets. proceeds from the sale of non-current assets , including long-term investments Revenue income is income derived from the following sources: The sale of trading assets The provision of services Interest and dividends received from investments held by the business 6.5 subsequent expenditure Subsquent expenditure is added to the carry amount of the asset ,only when it is probable that future economic benefits ,in excess of the originallu assessed standard of performance ,will flow to the enterprise. Including: modifaication Upgrade New production process 2. Depreciation Definition: (P 154) Depreciation Depreciable assets Useful l