| |
|
14- When a company
changes the measurement basis for its
assets (from cost to valuation or vice
versa) 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 Property, Plant
and Equipment or should the effect of
the depreciation charges due to the
revised definition of residual value be
adjusted prospectively?

|
Description |
:
Issue 2007-14 |
|
Format |
: PDF |
|
Size |
: 71.39KB |
|
Right click
HERE and
select 'Save Target As' to download the
document. |
|
|
|