• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

March 2026 ACCA Exams

Comments & Instant poll

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2026 exams.
Get your discount code >>

Depreciation – Freehold & Leasehold (non exam related)

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Depreciation – Freehold & Leasehold (non exam related)

  • This topic has 0 replies, 1 voice, and was last updated 15 years ago by swgiant.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • April 28, 2010 at 2:37 pm #43640
    swgiant
    Member
    • Topics: 7
    • Replies: 29
    • ☆

    I am a part time student, and i face some question during my daily working. It is regarding the depreciation for freehold land/building and leasehold land/building.
    My colleague said that IAS 16 PPE does mention for that, but i read nothing. So, please guide.

    How do we treat the depreciation (rate) for:

    i) Freehold Land = no depreciation, as infinite useful life. if not, why?
    ii) Freehold Building = Got this kind of building? Since building is getting older and older, then how to counter the depreciation?
    iii) Leasehold land = Apportion based on the leasing period given.
    iv) Leasehold building = 2% per annum applied. if the leasing period is less than 50 years, then apportion based on the leasing period left?

    Please correct me… thanks.

  • Author
    Posts
Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Kaplan ACCA Free Trial

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE Exams – Instant Poll

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • LiliaDvornikova on Statement of cash flows – Example 1 (revision) – ACCA Financial Reporting (FR)
  • BurtBikkie on Professional Ethics – ACCA Audit and Assurance (AA)
  • Lameesmazrooe on ACCA BT Chapter 4 – Organisational culture – Questions
  • John Moffat on Introduction to Financial Accounting – ACCA Financial Accounting (FA) lectures
  • Abdinur on FA Chapter 22 Questions Group Accounts The Consolidated Statement of Financial Position (1)

Copyright © 2026 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in