Tag: FRS 116

FRSIC Consensus 11 – When A Company Changes The Measurement Basis For Its Assets Which Warrants A Prior Year Adjustment, Should The Related Depreciation Charges Be Adjusted Retrospectively Based On The Revised Definition Of Residual Value In Accordance With FRS 116? (31 July 2008)

The effective date of the application of this FRSIC CONSENSUS was 31 July 2008. The release of FRSIC Consensus 11 – When A Company Changes The Measurement Basis For Its Assets Which Warrants A Prior Year Adjustment, Should The Related Depreciation Charge...

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Sample Disclosure – Note On Review Of Residual Values And Remaining Useful Life Of Property, Plant And Equipment (14 October 2009)

Review Of Residual Values And Remaining Useful Life Of Property, Plant And Equipment FRS 116: Property, Plant and Equipment requires that the review of the residual values and remaining useful life of an item of property, plant and equipment to be conducted at...

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