10-24-2009, 04:07 PM
http//beginnersinvest.about.com/od/incomestatementanalysis/a/double-declining-balance-depreciation-method.htm
I don't feel this method of depreciation is in accordance with IAS 16.
An entity should choose the depreciation method that systematically allocates the cost of the asset over its useful life.
Regards
Ahmed
I don't feel this method of depreciation is in accordance with IAS 16.
An entity should choose the depreciation method that systematically allocates the cost of the asset over its useful life.
Regards
Ahmed