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Depreciation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Depreciation

  • This topic has 1 reply, 1 voice, and was last updated 9 years ago by Avatarnari.
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  • November 22, 2016 at 7:27 pm #350742
    Avatarnari
    Member
    • Topics: 259
    • Replies: 175
    • ☆☆☆

    Hello

    Suppose an entity has a newly purchased asset which it has not yet put into use but is on its premises and available for use. It decides to use the “units produced” method of depreciation, however 9 months into the year it changes to another method. How is this shown in the notes to the fs at the year’s end?

    December 5, 2016 at 5:05 am #353885
    Avatarnari
    Member
    • Topics: 259
    • Replies: 175
    • ☆☆☆

    reposting in case this was missed

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