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Depreciation

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 July 2013 HELLO sir....,
Is Depreciation mandatory as per IFRS even if Company is in loss & will show profit if depreciation postponed to next year....
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
16 July 2013 Irrespective of loss depreciation is to be charged as per companies act mandatorily.
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Querist : Anonymous

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Querist : Anonymous (Querist)
16 July 2013 Actually i am auditing the Company incorporated in singapore so i wanted to know the treatment as per IFRS

pls let me know will the rules are same...
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