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Status Awaiting Prioritization
Categories Reporting
Created by Vaughan Essumai
Created on Mar 17, 2025

Inclusion of Dismantling Charges in IAS 17 Report

Currently, the IAS 17 report in ILA does not account for dismantling charges, which impacts the accuracy and efficiency of financial reporting. The proposed enhancement would populate the dismantling tab with the depreciation related to dismantling costs, ensuring a more comprehensive and automated reporting process. This improvement would help users save significant time (approximately 4 hours per month) by reducing manual adjustments and improving compliance with accounting standards.


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