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Depreciation method

Ttarek8y ago
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 Thanks
MikeLittleMikeLittleTutor8y ago#1
Yes - 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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