Once the estimated depreciation expense for an asset is calculated

Classtheta
Classtheta
1 بار بازدید - هفته قبل - Once the estimated depreciation expense
Once the estimated depreciation expense for an asset is calculated:
It cannot be changed, based on the historical cost principle.
The estimate itself cannot be changed; however, new information should be disclosed in financial statement footnotes.
Any changes are accumulated and recognized when the asset is sold.
It may be revised based on new information. It cannot be changed, based on the consistency principle.
هفته قبل در تاریخ 1403/04/14 منتشر شده است.
1 بـار بازدید شده
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