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IFRS

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(Querist)
19 August 2009
Hi all,

As per IFRS depreciation is to be provided to the assets on component basis if that component is material..Is this component depreciation is optional or compulsory..Pls help on this..

Thanks in advance
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Jitender

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Jitender (Expert)
19 August 2009 if the cost of component is material to the cost of asset , then it has to be depreciated according to its own useful life.

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