Accounting policies and estimtesForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Accounting policies and estimtesThis topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts March 21, 2015 at 6:51 pm #233589 mariyamMemberTopics: 6Replies: 4☆Dear Sir, Could you please explain me the difference between accounting estimates and accounting policies. method of depreciation (reducing balance or straight line method) is an accounting policy or an estimate?? March 21, 2015 at 7:43 pm #233593 MikeLittleKeymasterTopics: 27Replies: 23200☆☆☆☆☆Concept is to spread cost over estimated useful lifePolicy is to depreciateEstimate is useful lifeAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In