Depreciation Guru » IFRS -IAS http://www.depreciationguru.com Brought to you by www.bassets.net Tue, 18 Jun 2013 22:18:31 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Determining the Useful Life of an Asset Under IFRS http://www.depreciationguru.com/2012/08/determining-the-useful-life-of-an-asset-under-ifrs/?utm_source=rss&utm_medium=rss&utm_campaign=determining-the-useful-life-of-an-asset-under-ifrs http://www.depreciationguru.com/2012/08/determining-the-useful-life-of-an-asset-under-ifrs/#comments Thu, 23 Aug 2012 18:44:07 +0000 dGuru http://www.depreciationguru.com/?p=1125 Under IFRS, what is the useful life or recovery period of an asset? This may be equal to, or may be considerably less than, its technical or physical life The determination of the useful life involves a good deal of uncertainty and subjectivity The estimate should be reasonable, fair and prudent For example:  A laptop [...]

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]]> http://www.depreciationguru.com/2012/08/determining-the-useful-life-of-an-asset-under-ifrs/feed/ 0 IFRS & Fixed Asset Depreciation: An Overview of the Requirements http://www.depreciationguru.com/2009/10/ifrs-fixed-asset-depreciation-an-overview-of-the-requirements/?utm_source=rss&utm_medium=rss&utm_campaign=ifrs-fixed-asset-depreciation-an-overview-of-the-requirements http://www.depreciationguru.com/2009/10/ifrs-fixed-asset-depreciation-an-overview-of-the-requirements/#comments Wed, 21 Oct 2009 20:09:24 +0000 JKoshar http://www.depreciationguru.com/?p=365 IAS 16:  Property, Plant & Equipment:   One of the hottest topics in the US accounting world is the transition to IFRS, which stands for International Financial Reporting Standards.  IFRS and IAS, International Accounting Standards, provide the detail behind the conceptual framework of the International Accounting Standards Board (IASB).  To clarify, the IASB is the [...]

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