11 ifrs nnual review for estimation of depreciation

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Unformatted text preview: FRS nnual review for estimation of depreciation omponent depreciation is required if components of an sset have different patterns of benefits pairment loss = Recoverable amount - Carrying value ecoverable amount Max (net selling price, value in use) o recoverability test rite-ups for subsequent recoveries of impairment are lowed (up to original carrying value)...
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This note was uploaded on 07/11/2010 for the course ACC 5110 taught by Professor Lee during the Winter '10 term at Wayne State University.

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