IFRS asset accounting
examples
- Asset with a change in economic life, impairment loss, revaluation
- Asset with increase in estimated useful life
- Asset with decrease in estimated useful life
- Asset subject to impairment
- Asset with reversal of impairment
- Asset with revaluation
- Asset with reversal of revaluation
- Asset with increase in residual value
- Asset with decrease in residual value
- Asset with increase in estimated useful life and reintegrated depreciation
About this site
This site was set up by Steve Watt, a Chartered Accountant in practice in the UK.
The site sets down some examples which can be useful to any person familiarising himself with IFRS who may wish to test his understanding by performing some calculations arising from practical cases.
Comments are welcomed. Please send to the following:
