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AS10 (Revised)- PPE

22 March 2018

What is the treatment of change in method of depreciation (SLM to WDV or vice versa)? It shall have retrospective effect or prospective effect?

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16 Replies

Chintan (Thane) (42 Points)
Replied 22 March 2018

Prospective effect

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Nivedita Singh (228 Points)
Replied 22 March 2018

Thank you. can you you provide relevant AS title and Para number if possible?

Divakar (Student CA Final ) (11857 Points)
Replied 22 March 2018

Now in AS 10 and in IND AS-16 changed in method of depreciation is prospective.... In earlier as it is retrospective

Nivedita Singh (228 Points)
Replied 22 March 2018

Thank you. Where can I find material or example to read on this?

Chintan (Thane) (42 Points)
Replied 22 March 2018

In Our classes notes we have one sum based on your query.. I can share it with you just tell me where to send it to you..

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Divakar (Student CA Final ) (11857 Points)
Replied 22 March 2018

Go to icai. Org site and in ca final new course in financial reporting download AS-10... U will find in that

Nivedita Singh (228 Points)
Replied 22 March 2018

@ Chintan is it possible to send in message on this site/ app?
@ Divakar, thank you so much. I shall do that at once.

Chintan (Thane) (42 Points)
Replied 22 March 2018

I have inboxed you..

Divakar (Student CA Final ) (11857 Points)
Replied 22 March 2018

Here can't be posted... In mailid possible... And in may 16 one question of 4 marks on this topic is asked by icai in 7th no of question in ca final... U can check that

Nivedita Singh (228 Points)
Replied 22 March 2018

Is AS 10 Revised applicable for old syllabus. I am under old syllabus.

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Divakar (Student CA Final ) (11857 Points)
Replied 22 March 2018

U r in final na... Yes old AS 10 AND 6 is now withdrawn... Now only AS-10 PPE is applicable for all

Nivedita Singh (228 Points)
Replied 22 March 2018

Yes. Thanks a lot!

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Divakar (Student CA Final ) (11857 Points)
Replied 22 March 2018

Yup... Plz refer RTP for all the amendments and syllabus applicable for ur may exams

Shradha Suman (41 Points)
Replied 29 April 2018

is any PDF file for as 10 ....????.... please I need your help

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AS10 (Revised)- PPE

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