FRSIC Consensus 11 – When A Company Changes The Measurement Basis For Its Assets Which Warrants A Prior Year Adjustment, Should The Related Depreciation Charges Be Adjusted Retrospectively Based On The Revised Definition Of Residual Value In Accordance With FRS 116? (31 July 2008)
Posted by learnaccounting on April 8, 2011
This entry was posted on April 8, 2011 at 8:47 am and is filed under International Financial Reporting Standards.
Tagged: depreciation treatment on change of measurement basis of asset, FRS 116, FRSIC Consensus 11, prior year adjustment on depreciation, retrospective adjustment on depreciation. You can follow any responses to this entry through the RSS 2.0 feed.
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