Can Depreciation be called Fair value adjustment?
Please give reference to your answers ( AS, IFRS etc)
Thanks,
Anil.
1 Replies
PiyushAgrawal
(Chartered acooutant in practice)
(575 Points)
Replied 18 May 2009
| Originally posted by :Anil | ||
| " | Can Depreciation be called Fair value adjustment? Please give reference to your answers ( AS, IFRS etc) Thanks, Anil. |
" |
I think it is not..it is not only fairvalue adjustment.
u Should refer AS-6 for Dep Meaning...
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