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IAS 17

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › IAS 17

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  • February 17, 2017 at 8:01 pm #372935
    fazeel93
    Member
    • Topics: 71
    • Replies: 49
    • ☆☆

    Sir what are the rules for depreciation charge for a finance leased asset?

    February 17, 2017 at 8:31 pm #372941
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23200
    • ☆☆☆☆☆

    Depreciate it (lower of cost or fair value) over the shorter of useful life and finance lease term

    OK?

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