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Economic value added

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › Economic value added

  • This topic has 3 replies, 2 voices, and was last updated 2 years ago by Ken Garrett.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • March 7, 2020 at 8:27 am #564745
    arowosegbemassive
    Member
    • Topics: 16
    • Replies: 12
    • ☆

    Pls sir,how do I treat depreciation that was deducted to get profit after tax… To get economic profit ?
    Should i add back to get economic profit or ignore it?it wasn’t indicated on whether economic or accounting

    March 7, 2020 at 8:55 am #564751
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10197
    • ☆☆☆☆☆

    The rule is that you add back book depreciation then deduct economic depreciation. If no clue is given as to what sort of depreciation is being talked about then assume that the amount of both depreciation charges is the same so that no net adjustment is needed.

    March 7, 2020 at 9:48 am #564766
    arowosegbemassive
    Member
    • Topics: 16
    • Replies: 12
    • ☆

    Meaning it won’t be added back

    March 7, 2020 at 10:49 am #564780
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10197
    • ☆☆☆☆☆

    Yes. By default, you have to ignore it.

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