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FR Notes Depreciation page 28

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › FR Notes Depreciation page 28

  • This topic has 1 reply, 1 voice, and was last updated 1 week ago by P2-D2.
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  • April 8, 2026 at 5:52 pm #725523
    Anonymous
    Inactive
    • Topics: 1
    • Replies: 0
    • ☆

    First of all, thank you for this amazing resource. I am not being flippant when I say you deserve MBEs for its creation.
    My question is about the “Illustration – Revaluation and annual excess depreciation transfers” on page 28. I just can’t work out how the historic depreciation is 5 years… I would have calculated it as 21 years left (4 years historic) to depreciate when doing the 31/12/24 statements. If the buildings/land were bought on 1 Jan 2020 and revalued 1 Jan 2024. Am I missing something?
    Thank you!

    April 9, 2026 at 8:04 am #725525
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7232
    • ☆☆☆☆☆

    Hi,

    Thanks for the kind comments, just not too sure about King Charles’s thoughts on MBEs for us all.

    I think there is a slight error in the calculations. It should be 5 years based on the dates.

    Good luck with the rest of the studies.

    Thanks

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