14 May 2012
dear Sir/madam, recently i was joined in CERTIFIED ACCOUNTING TECHNICIAN COURSE from ICWAI change as ICAI. i am non-commerce student. in my second financial accounting class,the topic discussed on "depreciation and its methods " , i don't understand clearly this topic. please any body help me sir,with proper examples.on depreciation methods.
14 May 2012
Please do not get panic. Directly get used to IFRS way of depreciation and you will understand the concept without any hesitation. At every year end get your asset valued by the VALUER. The difference shall be regarded as depreciation.