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Dear Mike
Can one company use different depreciation methods for ppe I mean straight for buildings and WDV for vehicles?
I didn’t find in ifrs . Kindly give me reference to find answer
ThanksYes – it becomes probably becomes clearer when you consider that buildings are often depreciated on a 50 year straight line basis whereas cars could be 25% straight line for example or 30% reducing balance – cars could even be depreciated on a machine hour basis
What you most certainly would NOT expect for car depreciation is 50 year straight line!
OK?
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