17 апр. 2024 г. · Depreciation commences when an asset is in the location and condition necessary for operation as intended by management. Even if an asset is not ...

Depreciable amount is the cost of an asset, or other amount substituted for cost, less its residual value. Depreciation is the systematic allocation of the ...

IAS 16 and IAS 38 both establish the principle for the basis of depreciation and amortisation as being the expected pattern of consumption of the future ...

Depreciation (cost and revaluation models) For all depreciable assets: The depreciable amount (cost less residual value) should be allocated on a systematic ...

IAS 16 establishes principles for recognising property, plant and equipment as assets, measuring their carrying amounts, and measuring the depreciation charges.

31 окт. 2024 г. · IFRS requires that separate significant components of property, plant, and equipment with different economic lives be recorded and depreciated ...

IFRS requires entities to separately depreciate the parts that are significant parts of property, plant and equipment. Read more.

The standard IAS 16, paragraph 55 states that depreciation of an asset begins when it is available for use, or when it is in the desired location and condition.

An entity is required to estimate the useful life of a building as a whole, in addition to estimating the useful lives of the parts of the building.

IAS 16 defines depreciation as 'the systematic allocation of the depreciable amount of an asset over its useful life'. The 'depreciable amount' is the cost of ...