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Non current asset register

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Non current asset register

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.
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  • January 31, 2016 at 10:11 am #298704
    Hussain
    Participant
    • Topics: 24
    • Replies: 25
    • ☆

    Is there any topic regarding non current asset register in f3 lectures

    January 31, 2016 at 1:39 pm #298718
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54709
    • ☆☆☆☆☆

    I think it is mentioned in one of the revision lectures.

    However all it is is a book listing all of the non-current assets and keeping a note of when they were bought and the amount of depreciation.
    It is not part of the double entry – it is simply that some (not all) businesses like to keep a separate list of all the non-current assets because it helps them to keep control of them.

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