Whether books is an depreciate asset? If yes rate of depreciation?

Question ajoutée par Jijumon James , SENIOR ACCOUNTANT , BADR AL SAMAA HOSPITAL
Date de publication: 2015/01/10

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par Faisal Khan , Audit Manager , Asad Rasul & Company Chartered Accountant

It depends on the capitalization policy of the organisation. As per IFRS16 any item that has a useful life of more than one year should be capitalized.

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Whether books is an depreciate asset? If yes rate of depreciation?

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