Citation:Jayasinghe, B.G.W.A.C.W. & Rajapakse, R.M.D.A.P. 2016. Application of LKAS 16 & LKAS 39. Case Studies in Accounting “Bridging the Gap”, 03: pp. 22-24. Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka.
Date:2016
Abstract:
PQR Lanka is a non-profit organization in Sri Lanka. The organization was
registered in 1995 with the mission and vision to provide assistance and help to
those who are living under the poverty line and to help people who were
affected by the war in Sri Lanka. This case is relating to an issue of identification
criteria of Property, Plant & Equipment.