Accounting policy

This topic has 1 reply, 2 voices, and was last updated 12 years ago by MikeLittle.

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May 29, 2014 at 7:44 am #171594
tarek
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Mr mike
Please give me small example to difference. Between accounting policies and accounting estimates

Thanks
May 29, 2014 at 8:31 am #171608
MikeLittle
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Policy – to depreciate on a straight line basis over estimated useful life

Estimate – revise your estimate of useful life!
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