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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Tangible Asset
IAS 16 Property. Plant and Equipment requires the depreciation of non-current assets to start when
A) the asset is delivered
B) the asset is installed and ready for normal use
C) the asset starts to be used
D) the asset is purchased
I ready IAS-16, it says that depreciation start when available to use. So confused between B and C. Help tutor
Available for use is B 🙂
Thank you.
You are welcome.
