IFRS in Focus — IASB proposes clarification of acceptable methods of depreciation and amortisation

Published on: 19 Dec 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 amortised
  • clarifications to the application of the diminishing balance method of depreciation or amortisation.

The proposals were published on 4 December 2012 and comments close on 2 April 2013.


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