IFRS in Focus — IASB proposes clarification of acceptable methods of depreciation and amortization
Published on:
Dec 19, 2012
This newsletter describes the IASB’s proposals for limited amendments to IAS 16 Property, Plant and Equipment and IAS 38 Intangible Assets proposing prohibition of the use of a revenue-based method when property, plant and equipment is depreciated and/or intangible assets are amortized.: