Depreciation

This topic has 3 replies, 2 voices, and was last updated 6 years ago by Stephen Widberg.

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December 5, 2019 at 4:01 pm #555156
aadil1234
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Do we charge depreciation in income statement if we are valuing assets on revaluation model?
December 7, 2019 at 9:33 am #555399
Stephen Widberg
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IAS 16 PPE Yes
IAS 40 Investment Properties No
December 8, 2019 at 2:32 pm #555483
aadil1234
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Thank you sir 🙂
December 9, 2019 at 5:23 am #555508
Stephen Widberg
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My pleasure.
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